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Exercise 13-3 (Part Level Submission) During its first year of operations, Foyle Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued

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Exercise 13-3 (Part Level Submission) During its first year of operations, Foyle Corporation had the following transactions pertaining to its common stock. Jan. 10 Issued 74,500 shares for cash at $5 per share. July 1 Issued 41,000 shares for cash at $10 per share. Your answer is correct. Dournalize the transactions, assuming that the common stock has a par value of $5 per share. (Record journal entries in the order presen tities are automatically indented when amount is entered. Do not indent manually.) Debit Credit 372500 410000 20500 in Open Show Work Click if you would like to Show Work for this question: Attempts: 1 of 5 userd Journakze the transactions, assuming that the common stock is no-par with a stated value of $1 per share. (Record journal entries in the onder presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manualy.) Date Credit

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