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QS 11-2. Prepare the journal entry to record Miltone Company's issuance of 50,000 shares of $1 par value common stock assuming the shares sell for:...

QS 11-2. Prepare the journal entry to record Miltone Company's issuance of 50,000 shares of $1 par value common stock assuming the shares sell for:
a. $1 cash per share
b. $3 cash per share

QS 11-3. Prepare the journal entry to record Katrick Company's issuance of 75,000 shares of its common stock assuming the shares have a:
a. $5 par value and sell for $12 cash per share.
b. $5 stated value and sell for $12 cash per share.

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QS 11-2. Prepare the journal entry to record Miltone Company's issuance of 50,000 shares of $1 par value common stock assuming the shares sell for:
a. $1 cash per share
b. $3 cash per share a. b....

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