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Blossom Company issued 15000 shares of stock at a stated value of $10/share. The total issue of stock sold for $12/share. The journal entry to

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Blossom Company issued 15000 shares of stock at a stated value of $10/share. The total issue of stock sold for $12/share. The journal entry to record this transaction would include a debit to Cash for $150000. credit to Common Stock for $180000. credit to Common Stock for $150000. credit to Paid-in Capital in Excess of Par Value for $30000

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