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Journalize the given transactions

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Reference no: EM132011008

Question - Journalize the following transactions:

i. Began business by making a deposit in a company bank account of $48,000, in exchange for 4,800 shares of common stock.

ii. Paid the premium on a 1-year insurance policy, $1,400.

iii. Paid the current month's rent, $3,000.

Reference no: EM132011008

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