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The 12/31/2024 balance sheet of Despot Incorporated included the following: In January 2024, Despot recorded a transaction with this journal entry: The transaction was for
The 12/31/2024 balance sheet of Despot Incorporated included the following: In January 2024, Despot recorded a transaction with this journal entry: The transaction was for the: issue of 2 million shares of common stock at par. issue of common stock for $150 million in cash. receipt of $20 per share for a new stock issue. All of these answer choices are correct
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