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Please help me with this question! I got the account correctly but failed to put the right amount of money that need to be credited/debited.

Please help me with this question! I got the account correctly but failed to put the right amount of money that need to be credited/debited.

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Required information [The following information applies to the questions displayed below] Northwest Gas and Electric Company is a giant public utility operating in northern and central California whose annual revenues exceed $17 billion. It reported the following December 31 simplied balances in its statement of stockholders' equity (dollars in millions): Current Year Prior Year Common stock $1,342 $1,341 Paid-in capital 8,515 8,064 Retained earnings 9,616 8,721 During the current year, Northwest Gas and Electric reported net income of $1,727. 2. Assume that the only other transaction that affected stockholders' equity during the current year was a single stock issuance for cash. Recreate thejournal entry reflecting the stock issuance (in millions). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) View transaction list View journal entry worksheet /' 1 1 Cash Common stock 1,342

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