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Question 3 Sam Williams is an investor (stockholder with shares) in Johnsons CarpetCleaning Service. Sam Williams purchaseda personal automobile for $10,000 cash plus he took

Question 3

Sam Williams is an investor (stockholder with shares) in Johnsons CarpetCleaning Service. Sam Williams purchaseda personal automobile for $10,000 cash plus he took out a loan for

$20,000 in his name. Describehow this transaction is related to the businessentity concept

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