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Question 22 Sneaker Traders issued 5,000 shares of 52 par value stock for $10 a share. The journal entry to record this transaction would include

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Question 22 Sneaker Traders issued 5,000 shares of 52 par value stock for $10 a share. The journal entry to record this transaction would include a to Additional Paid in Capital A Credit of $10,000 Debit of $10,000 Credit of $40,000 Debit of $40,000

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