What is the journal entry to record the purchase of the stock on January 20? 
Definitions:
Net Exports
The value of a country's total exports minus the value of its total imports. It is a component of a country’s GDP.
Federal Reserve System
The main banking authority in the United States, tasked with setting monetary policy, overseeing banks, ensuring the financial system's stability, and offering financial services.
M1
Currency, checking deposits, and check-like deposits.
Destroy Money
Refers to actions taken by central banks to reduce the amount of money in circulation, often through selling securities, which can help control inflation.
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