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Jan. 10 July 1 Issued 60,000 shares for cash at $9 per share. 27,000 shares for cash at $4 per share. (b) Journalize the assuming

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Jan. 10 July 1 Issued 60,000 shares for cash at $9 per share. 27,000 shares for cash at $4 per share. (b) Journalize the assuming that the common stock is no-par with a stated value of $1 per share. 13

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