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35 3 When a company issues 27,000 shares of $2 par value common stock for $20 per share, the journal entry for this issuance would

35 3 When a company issues 27,000 shares of $2 par value common stock for $20 per share, the journal entry for this issuance would include: points Multiple Choice A debit to Additional Paid in Capital for $54,000 A credit to Common Stock for $540,000 A credit to Additional Paid in Capital for $486,000 A debit to Cash for 554,000

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