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a corporation issues 100,000 shares of an authorized 500,000 shares of $1 par value common stock.the selling price is $15 per share. How much cash

a corporation issues 100,000 shares of an authorized 500,000 shares of $1 par value common stock.the selling price is $15 per share. How much cash is received? What amount is recorded as common stock issued? What amount if any is recorded as additional paid in capital?

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