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((please help, thanks)). On May 10, Flounder Corp. issues 1,500 shares of $5 par value common stock for cash at $17 per share. Journalize the
((please help, thanks)).
On May 10, Flounder Corp. issues 1,500 shares of $5 par value common stock for cash at $17 per share. Journalize the issuance of the stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)Step by Step Solution
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