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A company issues 5,000 common shares to its lawyers in settlement of their bill for $25,000. The shares are currently trading at $6 per share.
A company issues 5,000 common shares to its lawyers in settlement of their bill for $25,000. The shares are currently trading at $6 per share. The entry to record this transaction will credit common shares for:
$5,000
$25,000
$125,000
$30,000
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