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When a company issues 36,000 shares of $1 par value common stock for $10 per...

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Accounting

When a company issues 36,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would include: Multiple Choice A credit to Common Stock for $360,000. A debit to Additional Paid-in Capital for $36,000. A debit to Cash for $36,000. A credit to Additional Paid-in Capital for $324,000

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