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Marin Inc. issued 1,800 shares of no-par common stock for $24,000. Prepare Marins journal entry if (a) the stock has no stated value, and (b)

Marin Inc. issued 1,800 shares of no-par common stock for $24,000. Prepare Marins journal entry if (a) the stock has no stated value, and (b) the stock has a stated value of $1 per share.

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