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1.) Jonathan Corporation reports the following transactions for 2012: Jan 10 June 30 Issued 6,000 shares of common stock with a $30 market value and

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1.) Jonathan Corporation reports the following transactions for 2012: Jan 10 June 30 Issued 6,000 shares of common stock with a $30 market value and a 52 par value The board declares a cash dividend of $20,000. Date of record is July 15 and payment date is July 31 Paid cash dividend July 31 Record journal entries for the above transactions

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