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The following transactions occurred during the first month of operations for Company X. a. Received $73,000 cash from an investor and issued common stock in

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The following transactions occurred during the first month of operations for Company X. a. Received $73,000 cash from an investor and issued common stock in return. b. Ordered office supplies costing $14,000. c. Borrowed $16,000 cash and signed a note due in two years. d. Purchased $13,000 of equipment, paying $1,600 in cash and signing a six-month note for the balance, e. Lent $1.400 to an employee who signed a note to repay the loan in three months. f. Received and paid for the office supplies ordered in (b). Required: Prepare journal entries for each transaction. You can omit explanations and write the letter of transaction in the date column (If no entry is required for a transaction, state "No journal entry required") (30 points-5 points each)

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