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On August 25. Mercer Corporation issued 4,000 shares of $1.98 par value stock for $3.33 per share. What journal entry should the company make to

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On August 25. Mercer Corporation issued 4,000 shares of $1.98 par value stock for $3.33 per share. What journal entry should the company make to record the sale of the stock? What effect does this entry have on the accounting equation

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