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JennaAracel, the owner, invested $225,000 cash, office equipment with avalue of $7,900, and $60,000 of drafting equipment to launch thecompany in exchange for common stock.The
JennaAracel, the owner, invested $225,000 cash, office equipment with avalue of $7,900, and $60,000 of drafting equipment to launch thecompany in exchange for common stock.The company purchased la Prepare a trial balance as of the end of June.Prepare general joumal entries to record these transactions using the following titles: Cash (101); Accounts Receivable (106); Prepaid Insurance (108); 2 answers
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