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July 11: Received inventory valued at $24,000 and equipment with market value of $19,000. Issued 7,000 shares of the $5 par common stock in exchange

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July 11: Received inventory valued at $24,000 and equipment with market value of $19,000. Issued 7,000 shares of the $5 par common stock in exchange Journal Entry Date Accounts Debit Credit Jul

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