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Prepare a journal entry in the space below to record a January 1, 2023, receipt of $10,000 for Common stock. Prepare a journal entry

 

Prepare a journal entry in the space below to record a January 1, 2023, receipt of $10,000 for Common stock. Prepare a journal entry in the space below to record a January 2, 2023, purchase of equipment for $7,000 by signing a long-term note.

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