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13-12-2022
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Marigold Company issued 750 shares of no-par common stock for $6200. Which of the following journal entries would be made if the stock has a stated value of $3 per share? 6200 Cash Common Stock 6200 6200 2250 Cash Common Stock Pald-in Capital in Excess of Stated Value 3950 6200 Common Stock Cash 6200 Cash 6200 2250 Common Stock Paid-in Capital in Excess of Par 3950

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