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During its first year of operations, Bridgeport Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,300 shares for cash at $6

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During its first year of operations, Bridgeport Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,300 shares for cash at $6 per share. July 1 Issued 51,500 shares for cash at $8 per share. 83 Bournalize the transactions, assuming that the common stook is no par wite stated vaiue of s1 per share. (b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share. (Record journal entries in the order presented in the problem. Credit account titles are automatically in amounts.) No. Date Account Titles and Explanation Debit Credit

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