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A stock subscription for 4,000 shares of $5 par common stock at $10 per share was accepted .Upon receipt of the balance owed on the

A stock subscription for 4,000 shares of $5 par common stock at $10 per share was accepted .Upon receipt of the balance owed on the stock subscription, a stock certificate was issued to the subscriber. The debit part of the journal entry to issue the stock certificate includes______ for_________. please show step by step. My answer is common stock: $40,000 I want to know if I am right. Thanks

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