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Prepare journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the following independent cases given below:
a. Jackson Corporation has common stock with a par value of $1 per share.
b. Royal Corporation has no-par common with a stated value of $5 D share.
c. French Corporation has no-par common,no stated value has been as signed
What two components are used to compute the return on assets ?
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