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Following are the issuances of stock transactions. A corporation issued 9 , 0 0 0 shares of $ 5 par value common stock for $
Following are the issuances of stock transactions.
A corporation issued shares of $ par value common stock for $ cash.
A corporation issued shares of nopar common stock to its promoters in exchange for their efforts, estimated to be worth $ The stock has a $ per share stated value.
A corporation issued shares of nopar common stock to Hts promoters In exchange for their efforts, estimated to be worth $ The stock has no stated value.
A corporation issued shares of $ par value preferred stock for $ cash.
Prepare journal entries to record each of the following four separate issuances of stock.
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