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2 ! Required information Part 1 of 4 [The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares
2 ! Required information Part 1 of 4 [The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $2 par value. During its first year, the following selected transactions were completed: 0.37 points 03:43:33 a. Issued 5,700 shares of common stock for cash at $20 per share. b. Issued 1,700 shares of common stock for cash at $23 per share. eBook Required: 100 1. Complete the table below, indicating the account, amount, and direction of the effect for the above transactions. (Enter any decreases to account balances with a minus sign.) Hint Assets Liabilities + Print Stockholders' Equity a. + a. = + References b. + + b. =
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