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Brief Exercise 15-6 Splish Corporation issued 1,600 shares of its $10 par value common stock...

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Accounting

Brief Exercise 15-6

Splish Corporation issued 1,600 shares of its $10 par value common stock for $55,700. Splish also incurred $1,600 of costs associated with issuing the stock. Prepare Splishs journal entry to record the issuance of the companys stock.

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