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Blossom Corporation has the following transactions during August of the current year. Aug. 1 Issues shares of common stock to investors in exchange for $

Blossom Corporation has the following transactions during August of the current year.

Aug.

1

Issues shares of common stock to investors in exchange for $

10, 880 .

4

Pays insurance in advance for

3

months, $

1, 500 .

16

Receives $

880

from clients for services rendered.

27

Pays the secretary $

680

salary.

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