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Points: 0 of 1 Clever Products, Inc. recently issued 6,000 shares of no-par common stock. The shares carry a $1 per share stated value. The
Points: 0 of 1 Clever Products, Inc. recently issued 6,000 shares of no-par common stock. The shares carry a $1 per share stated value. The market price of the shares on the date of issue was $36 per share. The company paid $11,000 in underwriting fees to issue the shares. Prepare the entry to record the new stock issue. (Record debits first, then credits. Exclude explanations from any journal entries.) Account Current Year Get More Help 4 Clear All Check Answer k Pro Ol DC 11 90 12 + OC a
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