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Business, 25.11.2019 23:31 tatayanamarie5909

Prepare journal entries to record each of the following four separate issuances of stock. a corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. a corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $51,000. the stock has a $1 per share stated value. a corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $51,000. the stock has no stated value. a corporation issued 2,000 shares of $25 par value preferred stock for $101,000 cash.

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Prepare journal entries to record each of the following four separate issuances of stock. a corporat...
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