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Prepare the journal entry to record Harris Company's issuance of 50,000 shares of its common stock assuming the shares have a $2 stoted value and
Prepare the journal entry to record Harris Company's issuance of 50,000 shares of its common stock assuming the shares have a $2 stoted value and Sell for $18 cash per share Multiple Choice Debit Cash $900,000 credit Common Stock $900.000, Debit Commen Stock $900,000 credit Cash $900.000 Debit Cash $900,000 credit Common Stock $100,000; credit Paid in Capital in Excess of Stated Value, Common Stock $800,000 Debit Common Stock $100.000, debit Paid in Capital in Excess of Stated Value. Common Stock $800,000 credit Cash $900.000 Debit Cash $100,000, credit Common Stock $100,000
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