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5 Waterway Company is a publicly held corporation whose $1 par value stock is actively traded at $35 per share. The company issued 3,100 shares

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5 Waterway Company is a publicly held corporation whose $1 par value stock is actively traded at $35 per share. The company issued 3,100 shares of stock to satisfy the legal services invoice of $101,000 on April 30, 2016. Prepare the journal entry to record this transaction. 125 Date General Ledger Account Debit Credit Sheet1 Ready

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