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  3. 1. a corporation issued 3,000 shares of $5 par val

1. A corporation issued 3,000 shares of $5 par value common stock for $18,000 cash...

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Accounting

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1. A corporation issued 3,000 shares of $5 par value common stock for $18,000 cash 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock cash. 50.00 points issues 17,000 shares of $8 par value common stx in exchange for land and a building. The land is velued at $238,000 and the building at $377,000. Prepare the joumal entry to record issuance of the stock in exchange for the land and building Journal entry worksheet Record the issue of 17,000 shares of $8 par value common stock in exchange for land valued at $238,000 and a building valued at $377,000. MacBook 0 2 5 6 8 9

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