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Exercise 133 (Part Level Submission) During its first year of operations, Foyle Corporation had the following transactions pertaining to its com ock Jan. 10 Issued

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Exercise 133 (Part Level Submission) During its first year of operations, Foyle Corporation had the following transactions pertaining to its com ock Jan. 10 Issued 75,000 shares for cash at $5 per share 1 Issued 38,500 shares for cash at $10 per share. Journalize the transactions, assuming that the common stock has a par value of $5 per share. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 10 July 1

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