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1 of 6 (0 complete) 13-5 (similar to) Hawthorn Corporation issued 48,000 shares of $2 par value common stock in exchange for a building with

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1 of 6 (0 complete) 13-5 (similar to) Hawthorn Corporation issued 48,000 shares of $2 par value common stock in exchange for a building with a market value of $240,000. Record the stock issuance. (Record debits first, the explanation on the last line of the journal entry table.) Date Debit Credit 240,000 Accounts and Explanations Building Common Stock-$2 Par Value Paid In Capital in Excess of Par-Common 48,000 192.000 Issued common stock in exchange for a building. Choose from any list or enter any number in the input fields and then click Check Answer Check Clear All All parts showing DOO 80 FS esc

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