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If a company issues 2,000 shares of common stock at a market price of $50 per share, which of the following is the correct balance

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If a company issues 2,000 shares of common stock at a market price of $50 per share, which of the following is the correct balance sheet effect? Stock issuances are not reported on the balance sheet Increase cash by $100,000 and increase earned capital by $100,000 Increase stock revenues by $100,000 Increase cash by $100,000 and increase contributed capital by $100,000

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