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12-01-2024
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ABC Company issues 100,000 share of its no par common stock for $20 per share. The journal entry would include:
A.) A credit to Common Stock of $2,000,000
B.) A credit to Cash of $2,000,000
C.) A credit to Retained Earnings of $2,000,000
D.) A credit to Notes payable of $2,000,000

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