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8) On April 1, the Prakash Corporation issued 20,000 shares of $2 par value common stock...

8) On April 1, the Prakash Corporation issued 20,000 shares of $2 par value common stock at $23 per share. Please write the journal entry:




9) On April 10, a company acquired land in exchange for 1,000 shares of $20 par common stock with a current fair-market price of $66 per share. Please write the journal entry:

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ekkarill92 answered 1 year ago
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