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The following transactions occurred for Graham Technology Solutions: Read the requirement. (Record debits first, then credits. Select the explanation on the last line of the

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The following transactions occurred for Graham Technology Solutions: Read the requirement. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Paid $53,000 cash for building and land. The building had a fair market value of $45,000. Prepare a compound entry

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