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Environmental Designs issues 5,000 shares of its $1 par value common stock at $15 per share. (1) Record the issuance of the stock. (2) Record

Environmental Designs issues 5,000 shares of its $1 par value common stock at $15 per share. (1) Record the issuance of the stock. (2) Record the issuance of the stock assuming it is no-par value stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

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