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Lei Inc.s $11 par value common stock is actively traded at a market price of $14 per share. Lei issues 4,700 shares to purchase land
Lei Inc.s $11 par value common stock is actively traded at a market price of $14 per share. Lei issues 4,700 shares to purchase land advertised for sale at $71,000. Journalize the issuance of the stock in acquiring the land.
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