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He Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $30 par value common stock

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He Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $30 par value common stock for $324,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has no stated value. 4. A corporation issued 2.250 shares of $75 par value preferred stock for $202,250 cash Book View transaction list Hint Journal entry worksheet References Record the issue of 9,000 shares of $30 par value common stock for $324,000 cash. Note: Enter debits before credts General Journal Debit Credit

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