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Journalize these accounting transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Stockholders invested $12,000 in the business

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Journalize these accounting transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Stockholders invested $12,000 in the business in exchange for common stock. Insurance of $800 is paid for the year. Supplies of $1,800 are purchased on account. Cash of $7,500 is received for services rendered

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