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Isley Enterprises Inc. issued 35,000 shares of its $1 par value common stock for $10 per share The journal entry to record this transaction should
Isley Enterprises Inc. issued 35,000 shares of its $1 par value common stock for $10 per share The journal entry to record this transaction should include the following: (check all that apply) Select one or more: a. debit "Common Stock for $35,000. b. credit 'Additional Paid-in Capital for $315,000. c. debit "Cash" for $350,000. d. credit "Common Stock" for $35,000. e. credit "Additional Paid-in Capital" for $385,000. f. credit 'Common Stock for $350,000 g. credit 'Additional Paid-in Capital' for $350,000
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