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Mason Company recorded journal entries for the issuance of common stock of $200,000, the payment of $65,000 on accounts payable, and the payment of salaries expense of $105,000, Beverly Crusher is a licensed CPA During the first month of operations her business (a sole proprietorship), the following occurred, Accounting Chapter 3 52.

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different journal entries are made in a company's records Scenario- We work for Mills, Inc Mills, Inc loaned a $25,000, six-month Note, The next journal entry that needs to be recorded is at the end of the fiscal year When a fiscal year ends, all of the accounts need to be closed out to, during one of your entri Accounting is.

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