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Geraldine Parker,the Owner of Gi Gi's Dance Studio,started the Business

question 168

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Geraldine Parker,the owner of Gi Gi's Dance Studio,started the business by investing $10,000 cash and donating a building worth $20,000.Identify the general journal entry below that Gi Gi's will make to record the transaction.


Definitions:

Centered Moving Average

A method to smooth data series and analyze trends, calculated by averaging a sequence of terms in the middle of the series.

Liquor Sales

The total volume or amount of alcoholic beverages sold within a specified period, often tracked for economic or regulatory purposes.

Moving Average

A statistical technique used to analyze data points by creating a series of averages of different subsets of the full data set, commonly used in financial markets to identify trends.

Moving Average

A statistical technique used to smooth out short-term fluctuations and highlight longer-term trends in data.

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