Question: On March 1 , 2 0 2 1 , Rippin Corporation began operations and issued 7 , 9 0 0 shares of its $ 5

On March 1,2021, Rippin Corporation began operations and issued 7,900 shares of its $5 par value common stock to shareholders Corporation received cash. What journal entry should Rippin Corporation record for this transaction on March 1,2021?
No Journal Entry Required
On March 1,2021, Rippin Corporation began operations and issued 7,900 shares

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