Moonwalker Corporation issued 2,000 shares of its $10 par value common stock for $60,000. Moonwalker...
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Accounting
Moonwalker Corporation issued 2,000 shares of its $10 par value common stock for $60,000. Moonwalker also incurred $1,500 of costs associated with issuing the stock. Prepare Moonwalkers journal entry to record the issuance of the companys stock.
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