20. Wolverine World Wide, Inc., manufactures military, work, sport, and casual footwear and leather accessories...
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Accounting
20. Wolverine World Wide, Inc., manufactures military, work, sport, and casual footwear and leather accessories under a variety of brand names such as Caterpillar, Hush Puppies, Wolverine, and Steve Madden. Assume Wolverine uses the accrual method of account. Prepare a journal entry for each the following transaction. Make sure you distinguish your debit account(s) and credit account(s) by indenting your credit account(s).
September 20, 2019--received $70,000 cash invested by owners and issues common stock.
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