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Prepare journal entries in good form for the following transactions at Snacktime Corp.: Jill (owner) invested cash of $25,000 receiving common shares in exchange. Purchased

Prepare journal entries in good form for the following transactions at Snacktime Corp.:

  1. Jill (owner) invested cash of $25,000 receiving common shares in exchange.

  2. Purchased inventory on credit, for $9,000.

  3. Paid $3,000 for rent of the Snack shop.

  4. Received $4,700 for services rendered.

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