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On January 7, stockholders invest $45,000 in JumpStart in exchange for common stock. Provide the journal entry for this transaction. If an amount box does

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On January 7, stockholders invest $45,000 in JumpStart in exchange for common stock. Provide the journal entry for this transaction. If an amount box does not require an entry, leave it blank. Jan. 7 Accounts Payable Accounts Receivable Cash Common Stock Retained Earnings

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