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Kingbird Inc. recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pressure of the new job, the accountant was

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Kingbird Inc. recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pressure of the
new job, the accountant was unable to review what he had learned earlier about corporation accounting. During the first month, he
made the following entries for the corporation's capital stock.
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