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Prepare Journal Entries for all of the below transactions. Feb 24 , issued 130,000 shares of $7.50 par value common stock in exchange for furniture,

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Prepare Journal Entries for all of the below transactions. Feb 24 , issued 130,000 shares of $7.50 par value common stock in exchange for furniture, equipment, and machinery with fair market values of $500,575,$1,200,000, and $562,300 Respectively

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