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Aloha Corporation issues 8,000 shares of its common stock for $61,100 cash on February 20 1. Assume the stock has neither par nor stated value.

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Aloha Corporation issues 8,000 shares of its common stock for $61,100 cash on February 20 1. Assume the stock has neither par nor stated value. Prepare journal entries to record this event. (Omit the "$" sign in your response.) Date General Journal Debit 20 Feb Cash . 61100 Common stock, no-par value Credit 61100 Credit 2. Assume the stock has a $4 par value. Prepare journal entries to record this event, (Omit the " Click to select Accounts receivable Date Cash 20 Debit Feb Sales Contributed capital in excess of par value, common stock 32000 Common stock, $4 par value Common stock, $2.0 stated value Common stock, no-par value Contributed capital in excess of stated value, common stock 3. Assume the stock has an $2.0 stated value. Prepare journal entries to record this event. (Omit the "$" sign in your response.) Date General Journal Debit 20 Feb Cash Common stock, no par value Contributed capital in excess of par value, common stock 32000 29100 Credit o

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