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  3. e13-4 jake corporation issued 1,000 shares of stoc

E13-4 Jake Corporation issued 1,000 shares of stock. Instructions Prepare the entry for the issuance...

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E13-4 Jake Corporation issued 1,000 shares of stock. Instructions Prepare the entry for the issuance under the following assumptions. (a) The stock had a par value of $5 per share and was issued for a total of $52,000. (b) The stock had a stated value of $5 per share and was issued for a total of $52,000. (c) The stock had no par or stated value and was issued for a total of $52,000. (d) The stock had a par value of $5 per share and was issued to attorneys for services during incorporation valued at $52,000. (e) The stock had a par value of $5 per share and was issued for land worth $52,000. Answers

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