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If a corporation issues 2,000 shares of $2.60 par value common stock for $24,000, the journal entry would include a credit to A. Common Stock
If a corporation issues 2,000 shares of $2.60 par value common stock for $24,000, the journal entry would include a credit to A. Common Stock for $5,200. B. Common Stock for $24,000. C. Paid-in Capital in Excess of ParCommon for $24,000. OD. Retained Earnings for $5,200
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