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On December 1,2020, Stark Corporation began operations and issued 12,300 shares of its $3 par value common stock to shareholders for $28 per share Stark

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On December 1,2020, Stark Corporation began operations and issued 12,300 shares of its $3 par value common stock to shareholders for $28 per share Stark Corporation received cash. What journal entry should Stark Corporation record for this transaction on December 1, 2020

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