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Record the issuance of the stock

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Question - Environmental Designs issues 4,000 shares of its $1 par value common stock at $11 per share. (1) Record the issuance of the stock. (2) Record the issuance of the stock assuming it is no-par value stock.

Required -

1. Record the issuance of the stock.

2. Record the issuance of the stock assuming it is no-par value stock.

Reference no: EM133075475

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