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On May 10, Blue Spruce Corporation issues 3,050 shares of $10 par value common stock for cash at $20 per share. Journalize the issuance of
On May 10, Blue Spruce Corporation issues 3,050 shares of $10 par value common stock for cash at $20 per share. Journalize the issuance of the stock. (Credit account tities are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation May 10 Cash Common Stock Paid-in Capital in Excess of Par-Common Stock Debit Credit
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Managerial Accounting Working Papers
Authors: John G. Helmkamp
2nd Edition
0471514292, 978-0471514299
