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please keep in same format The Pet Store experienced the following events for the Year 1 accounting period: 1. Acquired ( $ 55,000 ) cash

please keep in same format The Pet Store experienced the following events for the Year 1 accounting period: 1. Acquired $ \$ 55,000 $ cash from the issue of common stock. 2. Purchased $ \$ 78,000 $ of inventory on account. 2 answers

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