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Vaughn Manufacturing issued 1000 shares of no-par common stock for $18000. Which of the following journal entries would be made if the stock has
Vaughn Manufacturing issued 1000 shares of no-par common stock for $18000. Which of the following journal entries would be made if the stock has no stated value? Cash Common Stock-No-Par Value 18000 18000 Cash 18000 Common Stock-No-Par Value 1000 Paid-in Capital in Excess of Stated Value 17000 C M Cash 18000 Common Stock No-Par Value: 1000 Q MU Paid-in Capital in Excess of Par 17000 Common Stock-No-Par Value 18000 Cash Qu Mul Que Multi 18000
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