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Question 21 4 pts Wright Inc. issued 20,000 shares of $1 par value common stock for $80,000. The journal entry to record this issuance includes

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Question 21 4 pts Wright Inc. issued 20,000 shares of $1 par value common stock for $80,000. The journal entry to record this issuance includes a: Credit to Cash for $80,000. Credit to Common Stock for $20,000. Debit to Additional Paid-In Capital for $60,000. Credit to Common Stock for $80,000

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