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Swifty Corporation issued 3,500 of its common shares for $ 55,300. The company also incurred $ 1,680 of costs associated with issuing the shares. Prepare

Swifty Corporation issued 3,500 of its common shares for $ 55,300. The company also incurred $ 1,680 of costs associated with issuing the shares. Prepare a single combined journal entry to record the issuance of the companys shares.

Account Titles and Explanation DEBIT CREDIT

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