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O'Brien Construction had the following business activities: 1. Stockholders invest $26,000 cash in the corporation 2. O'Brien purchased $410 of office supplies on credit 3.

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O'Brien Construction had the following business activities: 1. Stockholders invest $26,000 cash in the corporation 2. O'Brien purchased $410 of office supplies on credit 3. O'Brien purchased office equipment for $6.000, paying $2200 in cash and signing a 30-day note payable for the remainder 4. O'Brien paid $205 cash on account for office supplies purchased in transaction 2. 5 O'Brien purchased two acres of land for $15.000, signing a 2-year note payable. 6. O'Brien sold one acre of land at one-half of the total cost of the two acres, receiving the full amount or $7.500 in cash 7 O'Brien made a payment of $7500 on its 2-year note Required: Prepare journal entries for the above transaction (if no entry is required for a transaction/event, select "No Journal Entry Requ in the first account field.) View transaction ist Journal entry worksheet

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