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20 When a company issues 26,000 shares of $2 par value common stock for $20 per share, the journal entry for this issuance would include:

20 When a company issues 26,000 shares of $2 par value common stock for $20 per share, the journal entry for this issuance would include: & 01:52:14 Multiple Choice A debit to Cash for $52,000. A credit to Common Stock for $520,000. A credit to Additional Paid-in Capital for $468,000. A debit to Additional Paid-in Capital for $52,000image text in transcribed

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