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Prepare the journal entry for the stock issuance, if the par value were $2 per share. (If no entry is required for a transaction/event, select

Prepare the journal entry for the stock issuance, if the par value were $2 per share. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Record the issuance of 1,050 shares with a $2 par value for a price of $50 per share.

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