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During its first year of operations, Pharoah Corporation had the following transactions pertaining to its common stocke Jan. 10 issued 66,000 shares for cashat $6

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During its first year of operations, Pharoah Corporation had the following transactions pertaining to its common stocke Jan. 10 issued 66,000 shares for cashat $6 per share. July 1 issued 56,000 shares for cash at $9 per share. (a) Your aniswer is correct. Journalize the transactions, assuming that the common stock has a par value of $6 per share. Record journel entries in the order. presented in the problem. List all debit entries before credit entries. Credlit account titles ore outomatically indented when the amount is entered. Do not indent manualiy. If no entry is required, select "No Entry" for the account tittes and enter O for the amounts) Journalize the transactions, assuming that the common stock is no-par withastated vahue of $3 per share (Recerd lournal entles in the order presented in the problem. List all debit entries before credit entries. Credl account bitles are automotically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amocrits) amount is entered. Do not indent manuially. If no entry is required, select "No Enty' for the occount bteles and enter O for the amounts

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