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What the journal entry to record the stock issuance would

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Reference no: EM132759565

Problem 1: A corporation issues 2,500 shares of common stock for ?45,000. The stock has stated value of ?10 per share. The journal entry to record the stock issuance would include a credit to ordinary shares for:

a. ?5,000
b. ?45,000
c. ?20,000
d. ?25,000

Reference no: EM132759565

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