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Prepare the journal entry to record Autumn Company s issuance of 6 7 , 0 0 0 shares of no - par value common stock

Prepare the journal entry to record Autumn Companys issuance of 67,000 shares of no-par value common stock assuming the shares:
Sell for $30 cash per share.
Are exchanged for land valued at $2,010,000.

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