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Business, 06.10.2019 05:30 keshonerice

In june, current year, wendy winger organized a corporation to provide aerial photography services. the company, called aerial views, began operations immediately. transactions during the month of june were as follows. june 1 the corporation issued 60,000 shares of capital stock to wendy winger in exchange for $60,000 cash. june 2 purchased a plane from utility aircraft for $220,000. made a $40,000 cash down payment and issued a note payable for the remaining balance. prepare a journal entry.

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