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Effectof issuing common stock on balance sheet Newly formed S&J Iron Corporation has 169,000 shares of ( $ 6 ) par common stock authorized On

Effectof issuing common stock on balance sheet Newly formed S\&J Iron Corporation has 169,000 shares of \( \$ 6 \) par common stock authorized On March 1, Year 1, S\& J Iron issued 10,000 shares of the stock for \( \$ 13 \) per share. On May 2, th 1 answer

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