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If Visser Company issues 1,000 no par value common shares for $5 per share, Common Shares will be credited for $5,000. Contributed Capital will

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If Visser Company issues 1,000 no par value common shares for $5 per share, Common Shares will be credited for $5,000. Contributed Capital will be credited for $5,000. Retained Earnings will be credited for $5,000. the transactions will be noted in the financial statements.

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