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Issuance of Common Stock Evans & Sons, Inc., is authorized to issue one million shares of $1 par value common stock. The company actually sells

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Issuance of Common Stock Evans & Sons, Inc., is authorized to issue one million shares of $1 par value common stock. The company actually sells 700,000 shares at $10 per share. Prepare the journal entry to record the issuance of the 700,000 shares. Note: Enter credit entries, smallest amount first. Support General Journal Debit Description cre

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