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The following transactions apply to Jova Company for Year 1, thefirst year of operation:1. Issued $12,000 of common stock for cash.2. Recognized $212,000 of service

The following transactions apply to Jova Company for Year 1, thefirst year of operation:1. Issued $12,000 of common stock for cash.2. Recognized $212,000 of service revenue earned on account.3. Co 2 answers

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