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Lucie Corporation was formed on January 1 of the current year. The corporate charter authorized the company to issue 100,000common shares. During the first month

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Lucie Corporation was formed on January 1 of the current year. The corporate charter authorized the company to issue 100,000common shares. During the first month of operation, the corporation issued 300 shares to its lawyer in payment of a $5,600 bill for preparing the articles of incorporation. The entry to record this transaction would include a A debit to Organization Costs for $3,000 b A debit to Organization Costs for $5,600 c A credit to Organization Costs for $5,600 d A debit to Common Shares for $5,600 e A credit to Common Shares for $3,300

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