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Homework Set Ch. 110 2 Part 1 of 4 points Skipped Required information [The following information applies to the questions displayed below) Incentive Corporation

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Homework Set Ch. 110 2 Part 1 of 4 points Skipped Required information [The following information applies to the questions displayed below) Incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $1 per value During its first year, the following selected transactions were completed a issued 6.000 shares of common stock for cash at $20 per share Issued 2,000 shares of common stock for cash at $23 per share. b. eBook Hint Required: 1. Complete the table below, indicating the account, amount, and direction of the effect for the above transactions (Enter any decreases to account balances with a minus sign) Print Reference Assets Liabilities

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