Question $1$ of $4$

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On May $10,$ Grouper Corporation issues $2,400$ shares of $$10$ par value common stock for cash at $$22$ per share.

Journalize the issuance of the stock. $($List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date Account Titles and Explanation

May $10$

$$

$$

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