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Help Submit A corporation issued 180 shares of its $5 par value common stock in payment of a $2,600 charge from its accountant for assistance
Help Submit A corporation issued 180 shares of its $5 par value common stock in payment of a $2,600 charge from its accountant for assistance in filing its charter with the state. The entry to record this transaction will include: Multiple Choice A $2,600 debit to Legal Expenses. A $2,600 credit to Cash A $900 debit to Organization Expenses, A $2,600 credit to Common Stock 0 A $1,700 credit to Pald-in Capital in Excess of Par Value, Common Stock
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