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You start to gather some equipment to take with you when you begin your business. You have an excellent computer that is old, but works

You start to gather some equipment to take with you when you begin your business. You have an excellent computer that is old, but works fine. You decide to start using it only for your new business. You estimate that the computer is currently worth $300, and you transfer the computer into the business in exchange for additional common stock. (Use "Computer" as the account type). What is the Journal Entry?

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