60. On January 1, 2018, a company issues 1,000 shares of $1 par value common...
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60. On January 1, 2018, a company issues 1,000 shares of $1 par value common stock for $20 per share. The journal entry to record this issuance would be: 61. On January 1, 2018, a company issues 1,000 shares of $1 no-par value common stock for $20 per share. The journal entry to record this issuance would be: 62. Suppose a company rents office space for one year, paying $12,000 ($1,000/month) in advance on September 1. Record the adjusting entry on December 31
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