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Calculating the Number of Shares Issued Castalia Inc. issued shares of its $0.80 par value common stock on September 4, 2013, for $8 per share.

Calculating the Number of Shares Issued Castalia Inc. issued shares of its $0.80 par value common stock on September 4, 2013, for $8 per share. The Additional Paid-In CapitalCommon Stock account was credited for $612,000 in the journal entry to record this transaction. Required: How many shares were issued on September 4, 2013? shares

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