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When a company issues 35,000 shares of $3 par value common stock for $30 per share, the journal entry for this issuance would include: A

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When a company issues 35,000 shares of $3 par value common stock for $30 per share, the journal entry for this issuance would include: A debit to Cash for $105,000 A debit to Additional Paid-in Capital for $105,000 A credit to Common Stock for $1, 050,000 A credit to Additional Paid-in Capital for $945,000

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