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eam Spirit Inc. issues 240,000 common shares for $5 per share. The journal entry is: Question 2 options: Cash 1200000 Common Shares 1200000 Cash 240000

eam Spirit Inc. issues 240,000 common shares for $5 per share. The journal entry is: Question 2 options: Cash 1200000 Common Shares 1200000 Cash 240000 Common Shares 240000 Cash 1200000 Common Shares 240000 Gain on Sales of shares 960000

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