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Transactions for Jayne Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,000 cash.

Transactions for Jayne Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,000 cash. 2 Buys equipment on account for $1,100. 3 Pays $740 to landlord for June rent. 12 Sends Wil Wheaton a bill for $700 after completing welding work.

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