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3 10 pts Wang Corporation issued 800 shares of $50 par value common stock for $60 per share. Which of the following journal entries is
3 10 pts Wang Corporation issued 800 shares of $50 par value common stock for $60 per share. Which of the following journal entries is recorded correctly? DR: Common Stock $40,000 and Additional Paid-In Capital from Common Stock $8,000; CR: Cash $48,000 O DR: Common Stock $48,000: CR: Cash $48,000 O DR: Cash $48,000; CR: Common Stock $40,000 and Additional Paid-In Capital from Common Stock $8,000 0 DR: Cash $40,000; CR: Common Stock $40,000 O DR: Cash $48,000; CR: Common Stock $48,000 an wan
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