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Prepare the journal entry to record Jevonte Companys issuance of 36,000 shares of its common stock assuming the shares have a: $2 par value and

Prepare the journal entry to record Jevonte Companys issuance of 36,000 shares of its common stock assuming the shares have a:

  1. $2 par value and sell for $18 cash per share.
  2. $2 stated value and sell for $18 cash per share.

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