Question: use the financial statement effect template to identify the effect of the following transaction: XYZ Co. issued 10,000 shares of $5 par value common stock

use the financial statement effect template to identify the effect of

use the financial statement effect template to identify the effect of the following transaction: XYZ Co. issued 10,000 shares of $5 par value common stock for $25 cash per share. Note: Please enter the correct number in the blank boxes. Please enter "0" if no effect. Please enter numbers without $ or comma separator. For example, $1,000 is entered as 1000. Cash Asset Balance Sheet Retained Earnings (Or + Noncash Asset = Liabilities + Contributed Capital + Earned Capital) Common stock Additional paid-in capital- CS

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