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When a company issues 25,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would include

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When a company issues 25,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would include a Multiple Choice Debit to Additional Paid-in Capital for $25,000 Debit to Cash for $25,000 Credit to Additional Paid-in Capital for $225,000 Credit to Common Stock for $250,000.

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