Transactions for the Swifty Company, which provides welding services, for the month of June are presented below. June 1Swifty invests $4,250 cash in exchange for shares of common stock in a small welding business. 2Purchases equipment on account for $350. 3$830 cash is paid to landlord for June rent. 12Bills P. Leonard $410 after completing welding work done on account.
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