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Question 9, BE19-13 (si... HW Score: 27.27%, 3 of 11 points Points: 0 of 1 Sa Rolf Company offers all its employees the opportunity to

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Question 9, BE19-13 (si... HW Score: 27.27%, 3 of 11 points Points: 0 of 1 Sa Rolf Company offers all its employees the opportunity to purchase its 54 par value common stock at a 5% discount. The employees have 3 weeks to elect to participate in the plan. The current market price of the stock is $88 per share. Employees purchased a total of 205,000 shares. What journal entry will the company make on the date the employees purchase the shares? (Record debits first, then credits. Exclude explanations from any journal entries.) Account Date of Employee Purchase 17138000 Cash Common Stock Additional Paid-in Capital in Excess of Par - Common 820000 Clear All Get More Help Check Answer Book Pro DII 00 F2 DD F W F12 F10 F11 FB + &

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