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Owners invested cash in the business in exchange for the common stock of the company. The journal entries the company made to record this
Owners invested cash in the business in exchange for the common stock of the company. The journal entries the company made to record this transaction include: (Select more than one correct answer) debit to Long-term Investment account. debit to Common Stock account. credit to Cash account. debit to Cas, account. credit to Common Stock account. credit to Long-term Investment account.
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