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When a company issues 34,000 shares of $4 par value common stock for $40 per share, the journal entry for this issuance would include: Multiple
When a company issues 34,000 shares of $4 par value common stock for $40 per share, the journal entry for this issuance would include: Multiple Choice A credit to Common Stock for $1,360,000. A debit to Additional Paid-in Capital for $136,000. A credit to Additional Paid-in Capital for $1,224,000. A debit to Cash for $136,000
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