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Make journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the given independent cases:

Jackson Corporation has common stock with a par value of $1 per share. Royal Corporation has no-par common with a stated value of $5 per share. French Corporation has no-par common; no stated value has been assigned.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M923693

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