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During its first year of operations Concord Corporation had these transactions pertaining to its common...

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Accounting

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During its first year of operations Concord Corporation had these transactions pertaining to its common stock Jan 10 July 1 Issued 26,700 shares for cash at 54 per share. Issued 58 500 shares for cash at $7 per share. (a) (b) Journalize the transactions, assuming that the common stock has a par value of 54 per share Journalize the transactions, assuming that the common stock is ng par with a stated value of $3 per share. (Record journal entries in the order presented in the problem. Credit account tities are automatically Indented when amount is entered. Do not indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit ( No. (b (bl

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