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On April 1, Jiro Naomi created a new travel agency, Adventure Travel. The following transactions occurred during the companys first month. April 2 Nozomi invested
On April 1, Jiro Naomi created a new travel agency, Adventure Travel. The following transactions occurred during the companys first month. April 2 Nozomi invested $34,000 cash and computer equipment worth $30,000 in the company in exchange for its common stock. April 3 The company rented furnished office space by paying $2,000 cash for the first months (April) rent. April 4 The company purchased $1,300 of office supplies for cash. April 10 The company paid $2,700 cash for a 12-month
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