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Recording the Sale of Common Stock Plymouth Company issues 150,000 shares of common stock (par value $3) for $19 per share on June 30, 2013.

Recording the Sale of Common Stock

Plymouth Company issues 150,000 shares of common stock (par value $3) for $19 per share on June 30, 2013.

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Prepare the journal entry to record this transaction. For a compound transaction, if an amount box does not require an entry, leave it blank.

2013 June 30

(Record sale of common stock)

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