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Jan. 10 Issued 41,500 shares for cash at $6 per share. July 1 Issued 71,500 shares for cash at $9 per share. (a) Your answer

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Jan. 10 Issued 41,500 shares for cash at $6 per share. July 1 Issued 71,500 shares for cash at $9 per share. (a) Your answer is correct. Journalize the transactions, assuming that the common stock has a par value of $6 per share. (Record journol entries in the order presented in the problem. Credit occount tilies are automatically indented when amount is entered. Do not indent manuall x if no entry is required, select "No Entry" for the account tities and enter Ofor the amounts.) Joumaize the transactions assuming that the commonstock is no-par with a stated value of $2 per share (Record joumal entries in the arder presented in the problem. Ceedit occount titles ore outomoticolly indented when amount is entered. Do not indent manudt/y if no entry is required, select "Wo Eniry/ for the octount tities and enter O for the amounts)

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