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To expand operations, Aragon Consulting issued 1,950 shares of previousiy unissued common stock with a par value of $1. The price for the stock was

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To expand operations, Aragon Consulting issued 1,950 shares of previousiy unissued common stock with a par value of $1. The price for the stock was $50 per share. Required: 1-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance. 1-b. Prepare the journal entry for the stock issuance. 2-a. Complete the table below, indicating the account, amount, and direction of the effect for the stock issuance with a par value of 52 2-b. Prepare the joumal entry for the stock issuance, If the par value were $2 per share. Complete this question by entering your answers in the tabs below. Propare the journal entry for the stock issuance. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of 1,950 shares with a $1 par value for a price of $50 per share. Poter: rnter deits beform credits. To expand operations, Aragon Consulting lssued 1,950 shares of previously unissued common stock with a par value of $1. The orice for the stock was $50 per share Required: 1.a. Complete the tablo below, indicating the account, amount, and direction of the effect for the stockis isuance. 1.b. Prepare the journal entry for the stock issusnce. 2-a. Compiete the table below, indicating the account, amount, and direction of the cifect for the stock issuance wath a par value of $2. 2.b. Prepare the joumal entry for the stock issuance, if the par valve were $2 per share. Complete this question by entering your answers in the tabs below. Journal entry worksheet Record the issuance of 1,950 shares with a $2 par value for a price of $50 per share. Notei Enter debits before credits

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