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Swifty Corporation makes a short-term investment in 110 shares of Cullumber Company's common stock. The stock is purchased for $52 a share. The entry for

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Swifty Corporation makes a short-term investment in 110 shares of Cullumber Company's common stock. The stock is purchased for $52 a share. The entry for the purchase is Stock Investments 5227 Cash 5227 5390 Stock Investments Cash 5390 5720 Stock Investments Cash 5720 5720 Debt Investments Cash 5720

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