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II. (70 Points)Cara Carter started Cara Carter's Consulting (CCC) on July 1st and had the following transactions: 1. Cara Carter contributed $300,000 cash to CCC

image text in transcribed II. (70 Points)Cara Carter started Cara Carter's Consulting (CCC) on July 1st and had the following transactions: 1. Cara Carter contributed $300,000 cash to CCC in exchange for capital. 2. CCC purchased supplies on account $20,000

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