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Jarrett Company issued 600 shares of no-par common stock for $8, 800. Which of the following journal entries would be made if the stock has
Jarrett Company issued 600 shares of no-par common stock for $8, 800. Which of the following journal entries would be made if the stock has no stated value? Select one: A. Cash 8, 800 Common Stock 600 Paid-in Capital in Excess of Stated Value 8, 200 B. Cash 8, 800 Common Stock 600 Paid-in Capital in Excess of Par 8, 200 C. Cash 8, 800 Common Stock 8, 800 D. Common Stock 8, 800 Cash 8, 800
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