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Nebraska Inc. issues 4,400 shares of common stock for $140,800. The stock has a stated...

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Accounting

Nebraska Inc. issues 4,400 shares of common stock for $140,800. The stock has a stated value of $13 per share. The journal entry to record the stock issuance would include a credit to Common Stock for

A. $4,400

B. $83,600

C. $57,200

D. $140,800

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