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Business, 06.10.2019 07:01 Queenhagar

In exchange for $1,500 legal services to set up the new company, hickory grove corporation issued 100 shares of $10 par value stock to its attorney. the entry to record the issuance of the stock would include a a. credit to common stock for $1,000. b. debit to common stock for $1,000. c. credit to common stock for $1,500. d. debit to paid-in capital in excess of par value for $500.

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