Thore Company issued 30,000 shares of ($ 20) par value common stock for ($ 680,000). What is

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Thore Company issued 30,000 shares of \(\$ 20\) par value common stock for \(\$ 680,000\). What is the journal entry for this transaction? What would the journal entry be if the common stock had no-par or stated value?

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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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