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Jimpson Corp. issued 4,000 shares of $15 par value common stock at $18.00 per share for cash. A) What account/s and amounts would you Debit

Jimpson Corp. issued 4,000 shares of $15 par value common stock at $18.00 per share for cash.

A) What account/s and amounts would you Debit in this transaction?

B) What account/s and amounts would you Credit in this transaction?

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