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14 2 Points XYZ Co. issued 5,000 stocks of NO-PAR value common stock to its promoters in exchange for their efforts, estimated to be worth
14 2 Points XYZ Co. issued 5,000 stocks of NO-PAR value common stock to its promoters in exchange for their efforts, estimated to be worth $15,000. Required: journal entry to record the issuance of stocks. Important Note: Answer layout (Account Amount Debit or Credit). Write inside the box below, do not upload any file. Use the editor to format your answer Question 15 In & Out agree to accept Between as a partner with 45% interest in partnership, the following information are given: 1- Between will pay $650,000 in partnership 3 Points 2- In & Out equity balance is $500,000 and $250,000, respectively, and share profit and loss with ratio 4:4 respectively. Required: What is the 45% interest amount of partner Between in partnership? Important Notes: Show all calculations. Use the editor to format your
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