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During its first year of operations, Blossom Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 61,000 shares for cashat $6

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During its first year of operations, Blossom Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 61,000 shares for cashat $6 per share. July 1 Issued 51,000 shares for cashat $9 per share. (a) Journalize the transactions, assuming that the common stock has a par value of $6 per share. (Record journal entries in the order presented in the problem. List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.)

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