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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. Record the issuance of stock, assuming the common stock had a par value of $1 per share.$23 is the issuance price.
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