Journalize the transactions

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Question - During its first year of operations, Riverbed Corporation had the following transactions pertaining to its common stock.

Jan. 10 Issued 69,000 shares for cash at $6 per share.

July 1 Issued 40,000 shares for cash at $8 per share.

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Journalize the transactions, assuming that the common stock has a par value of $6 per share.

Reference no: EM133103454

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