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Required information Skip to question [The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares of common stock,
Required information Skip to question [The following information applies to the questions displayed below.] Incentive Corporation was authorized to issue 12,000 shares of common stock, each with a $2 par value. During its first year, the following selected transactions were completed: Issued 5,800 shares of common stock for cash at $18 per share. Issued 1,800 shares of common stock for cash at $21 per share. Required: Complete the table below, indicating the account, amount, and
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