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Genesis Inc. issues 4,000 shares of common stock for $60,000. The stock has a par value of $9 per share. The journal entry to record

Genesis Inc. issues 4,000 shares of common stock for $60,000. The stock has a par value of $9 per share. The journal entry to record issuance of the stock would include a credit to Additional Paid-In Capital - Common Stock in the amount of:

Group of answer choices

$24,000

$4,000

$60,000

$36,000

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