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The following was in the financial press pertaining to Jackson International: April 1, 2015-Jackson International's (JCK) stock was sold for $23 per share during its

The following was in the financial press pertaining to Jackson International: April 1, 2015-Jackson International's (JCK) stock was sold for $23 per share during its opening day of trading. Jackson sold 50 million shares at its IPO. 1. Record the issuance of stock, assuming the stock was no-par value common stock. Issua]ance price is $23.

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