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July 1 Issued 5 7 , 0 0 0 shares for cash at $ 7 per share. ( a ) Journalize the transactions, assuming that
July Issued shares for cash at $ per share. a Journalize the transactions, assuming that the common stock has a par value of $ per share. b Journalize the transactions, assuming that the common stock is nopar with a stated value of $ per share. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter O for the amounts. No Date a b b Debit Credit
July Issued shares for cash at $ per share.
a Journalize the transactions, assuming that the common stock has a par value of $ per share.
b Journalize the transactions, assuming that the common stock is nopar with a stated value of $ per share.
Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter O for the amounts.
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