On June 1, Eagle Inc. issues 2,000 shares of no-par common stock at a cash price of

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On June 1, Eagle Inc. issues 2,000 shares of no-par common stock at a cash price of $\$ 7$ per share. Journalize the issuance of the shares assuming the stock has a stated value of $\$ 1$ per share.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Jun 14, 2024 01:10 AM

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On June 1, Eagle Inc. issues 2,000 shares of no-par common stock at a cash price of

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Financial Accounting

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