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On May 10, Sheffield Corp.jssues 2,750 shares of $5 par value common stock for cash at $15 per share. Journalize the issuance of the stock.

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On May 10, Sheffield Corp.jssues 2,750 shares of $5 par value common stock for cash at $15 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the bccount titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit May 10 e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Subrnit

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