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Q1 from note The following events occurred during the first month of business of Fedex: 1. Issued common stock to shareholders in exchange for $30,000

Q1 from note The following events occurred during the first month of business of Fedex: 1. Issued common stock to shareholders in exchange for $30,000 cash. 2. Purchased $2,800 of equipment on account (to be paid in 30 days). 3. Interviewed three people for the position of financial analyst. Journalize these transactions.

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