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Jacobs Corporation Makes a Short-Term Investment in 150 Shares of Starr

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Jacobs Corporation makes a short-term investment in 150 shares of Starr Company's common stock. The stock is purchased for $50 a share plus brokerage fees of $450. The entry for the purchase is Jacobs Corporation makes a short-term investment in 150 shares of Starr Company's common stock. The stock is purchased for $50 a share plus brokerage fees of $450. The entry for the purchase is

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