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    Exam 13: Corporations: Organization, Stock Transactions, and Dividends
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    The Entry to Record the Issuance of 150 Shares of $5
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The Entry to Record the Issuance of 150 Shares of $5

Question 143

Question 143

Multiple Choice

The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organizing the corporation includes a credit to


A) Organizational Expenses
B) Goodwill
C) Common Stock
D) Cash

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