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Made a $7,000 payment on notes payable Date Credit Debit Accounts and Explanation Nov. 3 Received $8,000 from selling shares of stock Accounts and explanation

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Made a $7,000 payment on notes payable Date Credit Debit Accounts and Explanation Nov. 3 Received $8,000 from selling shares of stock Accounts and explanation Date Debit Credit Nov. 4 Prepaid $7,000 cash for rent. Accounts and explanation Date Debit Credit Nov. 5

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