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Penne Pharmaceuticals sold 8 million shares of its $ 1 par common stock to provide funds for research and development.If the issue price is $
Penne Pharmaceuticals sold million shares of its $ par common stock to provide funds for research and development.If the issue price is $ per share, what is the journal entry to record the sale of the shares?
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
