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Fireman Corporation issued 7,000 shares of $5 stated value common sfock for $16 per shave on July 7 . Record the stock issuance. (Riecord debits

Fireman Corporation issued 7,000 shares of $5 stated value common sfock for $16 per shave on July 7 . Record the stock issuance. (Riecord debits first. then credits. Select the explanafion on the tant line of the journat entry table)

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