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

During its first year of operations, Concord Corporation had the following transactions pertaining to its common stock.

Jan. 10 Issued 69,500 shares for cash at $6 per share.

July 1 Issued 37,500 shares for cash at $8 per share.

Journalize the transactions, assuming that the common stock has a par value of $6 per share.

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