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Business, 03.12.2021 23:20 eloqit3338

DAE Parts Shop began business on January 1, 2019. The corporate charter authorized issuance of 20,000 shares of $5 par value common stock and 5,000 shares of $10 par value, 5% cumulative preferred stock. DAE issued 12,000 shares of common stock at $25 per share on January 2, 2019. What effect does the entry to record the issuance of stock have on total stockholders' equity

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DAE Parts Shop began business on January 1, 2019. The corporate charter authorized issuance of 20,00...
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