A corporation issues 2,500 shares of common stock for 45,000. The stock has stated value of 10

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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?

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Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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Posted Date: Jun 20, 2023 01:50 AM

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A corporation issues 2,500 shares of common stock for 45,000. The stock has stated value of 10

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Financial accounting

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