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Jade Jewelers issued 15,000 shares of $1 par value stock for $20 per share. What is true about the journal entry to record the issuance?

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Jade Jewelers issued 15,000 shares of $1 par value stock for $20 per share. What is true about the journal entry to record the issuance? Multiple Choice Credit Common Stock $300,000, Credit Cash $300,000 Credit Common Stock $15,000. Debit Additional Paid-in Capital $285,000

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