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Document the journal entries required for these transactions 1. Company A earned additional sales/revenue on account equal to 3500000 of original cash balance (ignore COGS).

Document the journal entries required for these transactions

1. Company A earned additional sales/revenue on account equal to 3500000 of original cash balance (ignore COGS).

2. Company A incurred additional expenses on account equal to 250000 of original cash balance.

3. Company A sold common stock for cash in amount equal to 15000 of original cash balance.

4. At the end of the most current year, Company A issued a longterm note for 1000 of the original cash balance.

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