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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
$36,000
$24,000
$4,000
$60,000
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