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Nova Corp. issued 2,100 shares of stock. Prepare the entry for the issuance under the following independent assumptions. Novak Corp. issued 2.100 shares of stock
Nova Corp. issued 2,100 shares of stock.
Novak Corp. issued 2.100 shares of stock Prepare the entry for the issuance under the following independent assumptions (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) (b) (c) The stock had a par value of $5 per share and was issued for a total of $48,300. The stock had a stated value of $5 per share and was issued for a total of $48,300. The stock had no par or stated value and was issued for a total of $48,300. The stock had a par value of $5 per share and was issued to attorneys for services provided during incorporation valued at $48,300 The stock had a par value of $5 per share and was issued for land worth $48,300. (d) (e) No. Account Titles and Explanation Debit Credit No. Account Titles and Explanation Debit Credit (a) Retained Earnings Common Stock Dividends Distributable Paid in Capital in Excess of Par-Common Stock (b) (c) ) () (P) P o Prepare the entry for the issuance under the following independent assumptions.
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