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Prepare the journal entry to record Autumn Companys issuance of 72,000 shares of no-par value common stock assuming the shares: a. Sell for $26 cash

Prepare the journal entry to record Autumn Companys issuance of 72,000 shares of no-par value common stock assuming the shares: a. Sell for $26 cash per share. b. Are exchanged for land valued at $1,872,000.

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