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Record The journal entries 1. Owner invested $10,000 and recorded ownership in the company 2. Company paid current months rent 7. Purchased merchandise to sell
Record The journal entries 1. Owner invested $10,000 and recorded ownership in the company 2. Company paid current months rent 7. Purchased merchandise to sell to customers on account from vendor Tocwick products $3,000 8. Sold to customer Mary Jones in account $1,600; cost of merchandise was $1,000 15. Paid advertising from checking $100 17. Purchased a new computer from checking $250
1. Owner invested $10,000 and recorded ownership in the company
2. Company paid current months rent
7. Purchased merchandise to sell to customers on account from vendor Tocwick products $3,000
8. Sold to customer Mary Jones in account $1,600; cost of merchandise was $1,000
15. Paid advertising from checking $100
17. Purchased a new computer from checking $250
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