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On January 2, 2017, Blake Corporation procured new equipment with an issue of 6,000 shares of $5.00 par value common stock. The equipment had an
On January 2, 2017, Blake Corporation procured new equipment with an issue of 6,000 shares of $5.00 par value common stock. The equipment had an MSRP of $65,000. Blake's stock was trading on the open market for $8.50 per share on January 2nd. Use this information to prepare the General Journal entry (without explanation) for the January 2 entry. of ? Paragraph General Journal: Debit Credit Date Accounts
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