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Sheridan Corporation has the following transactions during August of the current year. Aug. 1 Issues...

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Accounting

Sheridan Corporation has the following transactions during August of the current year. Aug. 1 Issues shares of common stock to investors in exchange for $10,020.4 Pays insurance in advance for 3 months, $1,560.16 Receives $870 from clients for services rendered .27 Pays the secretary $600 salary . Journalize the transactions

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