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Ownership to the company how to put in general journal

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Question: A sole trader Blake, operating company ABC has some business losses, and as a result does not have enough money to pay for a supplier. As a result, he invests an additional $ 100,000 on 28 March 202X.On June 202X, Blake also contributes his new car to the company He just bought this car a week ago at $ 40,000, but due to the company needs , he decides to transfer the car ownership to the company how to put in general journal

Reference no: EM133662630

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