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Problem #1 Jan 1: Katy James, incorporated her small business by investing $100,000 cash in exchange for common stock. Date Accounts Debit Credit Cash

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Problem #1 Jan 1: Katy James, incorporated her small business by investing $100,000 cash in exchange for common stock. Date Accounts Debit Credit Cash Common Stock Problem #2 Feb 20: Tory Brooks, started a business by investing $65,000 cash in the business in exchange for common stock. |Date Accounts Debit Credit

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