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The first image is the original question, the rest are the answer choices for each box. Question 2 1 pts Shopify sold 7.7m shares of
The first image is the original question, the rest are the answer choices for each box.
Question 2 1 pts Shopify sold 7.7m shares of no par common stock during its IPO for $28/share. The journal entry to record the sale is: DR [Select] CR [Select] Question 2 1 pts Shopify sold 7.7m shares of no par common stock during its IPO for $28/share. The journal entry to record the sale is: DA [Select ] Common Stock $215.6m Preferred Stock $215.6m Cash $215.6m Paid in Capital $215.6m Question 2 1 pts Shopify sold 7.7m shares of no par common stock during its IPO for $28/share. The journal entry to record the sale is: DR [Select] [Select ] Preferred Stock $215.6m Paid in Capital $215.6m Retained Earnings $215.6m Common Stock $215.6m Cash $215.6mStep by Step Solution
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