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johannesson&johannesson sold 14 million shares of its $5 par common stock to raise capital for a voluntary non alcoholic happy hour with affiliated people. Assuming

johannesson&johannesson sold 14 million shares of its $5 par common stock to raise capital for a voluntary non alcoholic happy hour with affiliated people. Assuming that the issue price is 11$ per share, how should johannesson&johannesson record the sale of the shares

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