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equity were completed during the first year of operations: Journalize the entries to record the transactions. If an amount box does not require an entry,
equity were completed during the first year of operations:
Journalize the entries to record the transactions. If an amount box does not require an entry, leave it blank.
a Issued shares of stock at par to Paul Glenn for cash.
c Purchased land and a building from Gretchen Northway in exchange for stock issued at par. The land has a fair value of $ and the building has a fair value of $
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