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Tangerine Corp. was formed on January 1, 2019 and the Articles of Incorporation authorized 10,000,000 million shares of common stock. During 2019, Tangerine issued 2,500,000
Tangerine Corp. was formed on January 1, 2019 and the Articles of Incorporation authorized 10,000,000 million shares of common stock. During 2019, Tangerine issued 2,500,000 of $5 par value common stock for $15 million cash. What is the journal entry when the stock was issued
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