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  3. Study Set
    Fundamental Accounting Principles Study Set 5
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    Exam 2: Analyzing and Recording Transactions
  5. Question
    James Haley Owned a Sailboat and Was Tired of His
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James Haley Owned a Sailboat and Was Tired of His

Question 171

Question 171

Essay

James Haley owned a sailboat and was tired of his current job. He decided to open a business that provides day sails to tourists in his hometown. Prepare journal entries to record the following transactions.

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