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Padro Express Corp. issued 3 0 , 0 0 0 shares of $ 4 par value common stock in exchange for a building with a

Padro Express Corp. issued

30, 000

shares of $

4

par value common stock in exchange for a building with a market value of $

160, 000 .

Record the issuance of the stock.

Date

Description

Debit

Credit

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