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What would included in the journal entry to record issuance

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Reference no: EM132597872

Question - Max Corporation began operations in the current year and has the below information regarding the issuance of common stock:

Stock Issued 10,000 shares

Par Value $2.00 per share

Market Value $7.50 per share

Required - What would be included in the journal entry to record this issuance of common stock?

Reference no: EM132597872

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