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Prepare the necessary journal entry for each of the following transactions for Concord Corporation. (List all debit entries before credit entries. Credit account titles are
Prepare the necessary journal entry for each of the following transactions for Concord Corporation. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (a) (b) No. Account Titles and Explanation (a) (b) Issued 3,200 shares of its $10 par value common stock for $21 per share. Issued 5,900 shares of its stock for land advertised for sale at $91,000. Concord's stock is currently actively traded at a market price of $17 per share. -/4 13 : Debit Credit
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