Question: During its first year, Benji corporation had the following transactions to its common stock. jan. 10 issued 70,000 shares for cash at $5 per share

During its first year, Benji corporation had the following transactions to its common stock.

jan. 10 issued 70,000 shares for cash at $5 per share

july. 1 issued 40,000 shares for cash at $7 per share

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