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M11-4 LO11-3 Recording the sale of Common Stock To expand operations, Aragon Consulting issued 170,000 shares of previously unissued stock with a par value of

M11-4 LO11-3 Recording the sale of Common Stock To expand operations, Aragon Consulting issued 170,000 shares of previously unissued stock with a par value of $1. Investors purchased the stock for $21 per share. Record the sale of this stock. Would your journal entry be different if the par value was $2 per share? If so, record the sale of stock with a par value of $2

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