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Suppose House and Garden Furniture issued 25,000 shares of its $5 par common stock at $6 per share. Which journal entry correctly records the issuance

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Suppose House and Garden Furniture issued 25,000 shares of its $5 par common stock at $6 per share. Which journal entry correctly records the issuance of this stock? Common stock 150,000 125,000 25,000 Cash Paid-in capital in excess of par-common OB. Cash 150,000 150,000 Common stock 150,000 O C. Cash 125,000 25,000 Common stock Paid-in capital in excess of par-common 150,000 OD. Common stock Click to select your

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