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can you help me please Jan. 10 E11.3 (LO 2), AP During its first year of operations, Mona Corporation had these transactions pertain- ing to
can you help me please
Jan. 10 E11.3 (LO 2), AP During its first year of operations, Mona Corporation had these transactions pertain- ing to its common stock. Issued 30,000 shares for cash at $5 per share. July 1 Issued 60,000 shares for cash at $7 per share. Instructions a. Journalize the transactions, assuming that the common stock has a par value of $5 per share. b. Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share Step by Step Solution
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