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Western Wear Clothing issues 3,000 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming the issue price is$11 per share, record the issuance of common stock.
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Answered 1 year ago
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1 of 5Journal entry record the accounting transactions in journal book.
Using the double entry system of accounting all transactions are recorded in chronological order.
Answered 2 years ago
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