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During its first year of operations, Cheyenne Corp. had the following transactions pertaining to its common stock. 10 Jan. July Issued 69,500 shares for cash

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During its first year of operations, Cheyenne Corp. had the following transactions pertaining to its common stock. 10 Jan. July Issued 69,500 shares for cash at $5 per share. Issued 40,500 shares for cash at $8 per share. 1 Journalize the transactions, assuming that the common stock has a par value of $5 per share. (Record journal entries in the orde presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entr required, select "No Entry for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit I Journalize the transactions, assuming that the common stock is no-par with a stated value of $2 per share. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter Ofor the amounts.) Date Account Titles and Explanation Debit Credit

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