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33) On July 1, a corporation issued 15,000 shares of no-par common stock with a stated value of $3 per share in exchange for a

33) On July 1, a corporation issued 15,000 shares of no-par common stock with a stated value of $3 per share in exchange for a tract of land having a market value of $215,000. Prepare the general journal entry to record this transaction. 1. declared

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