I need help recording the following entries in the general journal.
1 You contribute $45,839 for 100 shares of common stock in the new company.
1 Nassir Patel's contribution to the business is $2,180 due on existing customer receivable accounts, $10,200 of new equipment. He receives 100 shares of common stock for this contribution.
2 Paid $9,900 for next 6 months of rent by issuing Cheque 1008.
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