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The ABC Corporation issued 25,000 shares of common for a Building with a market value of $250,000. The Par Value of the common stock is

The ABC Corporation issued 25,000 shares of common for a Building with a market value of $250,000. The Par Value of the common stock is $2.00 and the current market price is $5.00. Required: Record the Journal Entry for the issuance of the stock

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