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Journalize the following stock-related transactions for Maine Corp.: a. Issued 2,000 shares of $10 par common stock at $72 for cash. If an amount
Journalize the following stock-related transactions for Maine Corp.: a. Issued 2,000 shares of $10 par common stock at $72 for cash. If an amount box does not require an entry, leave it blank. Account Debit Credit b. Issued 2,500 shares of common stock in exchange for land with a fair market price of $130,000. If an amount box does not require an entry, leave it blank. Account Debit Credit
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