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crocodile corporation is authourized to issue 200000shares of common stock. on August 1, the company sold shares at sh. 25 per share. prepare journal entries

crocodile corporation is authourized to issue 200000shares of common stock. on August 1, the company sold shares at sh. 25 per share. prepare journal entries to record the sale of stock for cash under each of the following alternatives:

a) the stock has a per value of sh 25

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