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On June 1, Concord Inc. issues3,700shares of no-par common stock at a cash price of $9per share. Journalize the issuance of the shares assuming the

On June 1, Concord Inc. issues3,700shares of no-par common stock at a cash price of $9per share.

Journalize the issuance of the shares assuming the stock has a stated value of $2per share

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