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at december 31, ayayai corporation reports net income of 384,000. prepare the entry to close net incomeon may 10, marigold corporation issues 2,450 shares of

at december 31, ayayai corporation reports net income of 384,000. prepare the entry to close net incomeon may 10, marigold corporation issues 2,450 shares of $10 par value common stock for cash at $18 per share. journalize the issuance of the stock

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