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corporation sold 2 5 , 0 0 0 shares of its no - par value common stock at a cash price of $ 5 0

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corporation sold 25,000 shares of its no-par value common stock at a cash price of $50 per share. What journal entry is required to record this transaction?
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\table[[Cash,,$1,250,000,],[Common Stock,,,$1,250,000
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