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Niren, inc's charter authorizes 1,000,000 shares of stock at a par value of $1 per share. Niren sells 100 shares of stock at its initial

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Niren, inc's charter authorizes 1,000,000 shares of stock at a par value of $1 per share. Niren sells 100 shares of stock at its initial offering for $1 per share. The Journal entry to record this transaction will include a (debit/credit) to Common Stock, Si par for $

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