General Journal: On January 1, 2016, Mr. Rambo formed a new corporate (Rambo Unlimited) by...
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Accounting
General Journal:
On January 1, 2016, Mr. Rambo formed a new corporate (Rambo Unlimited) by investing $45,000 cash in capital stock. Prepare the general journal entry (without explanation) needed. If no entry is required then write "No Entry Required."
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