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Hel Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 2,000 shares of $10 par value common stock

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Hel Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 2,000 shares of $10 par value common stock for $24,000 cash. 2. A corporat oration issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,500. The stock has a $5 per share stated value. 3. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,500. The stock has no stated value. 4. A corporation issued 500 shares of $75 par value preferred stock for $92.000 cash. View transaction list Journal entry worksheet Record the Issue of 2,000 shares of $10 par value common stock for $24,000 cash. Debit Cre View g Prev 1 of 26 Next

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