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Stock: E Corporation issued 20,000 shares of $50 Par Common Stock for cash at $60 per share. Journalize the entry to record the issuance of

Stock: E Corporation issued 20,000 shares of $50 Par Common Stock for cash at $60 per share. Journalize the entry to

record the issuance of Common Stock. (dr) for debit; (cr) for credit.

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