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To expand operations, Aragon Consulting issued 1,300 shares of previously unissued common stock with no par value. Required: 1. Complete the table below, indicating
To expand operations, Aragon Consulting issued 1,300 shares of previously unissued common stock with no par value. Required: 1. Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no-par value stock at $50. 2. Prepare the journal entry for the issuance of the no-par value stock at $50. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the table below, indicating the account, amount, and direction of the effect for the issuance of the no-par value stock at $50. (Enter any decreases to account balances with a minus sign.) Assets Liabilities < Required 1 Required 2 > Stockholders' Equity
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