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Journal EntriesJan 1 Simon invested $60,000 cash into the business bypurchasing capital stock at $10.00 par value.Jan 2 The Company borrowed $100,000 on a short-term
Journal EntriesJan 1 Simon invested $60,000 cash into the business bypurchasing capital stock at $10.00 par value.Jan 2 The Company borrowed $100,000 on a short-term 90 day,12.0% note payable.Jan 2 answers
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