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Question 12 Concord Company issued 3100 shares of its $5 par value common stock in payment of its attorney's bill of $30200. The bill was

Question 12 Concord Company issued 3100 shares of its $5 par value common stock in payment of its attorney's bill of $30200. The bill was for services performed in helping the company incorporate. Concord should record this transaction by debiting Legal Expense for $15500. Legal Expense for $30200. Organization Expense for $15500. Organization Expense for $30200

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