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General Accounting Discussions: What is the journal entry for 1 million shares issued of $1 par value common stock?

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  1.  
    • CommentAuthorm123mullen
    • CommentTimeOct 10th 2008
     
    I need to know this information for a class project
    • CommentAuthormfargen
    • CommentTimeOct 11th 2008 edited
     
    dr cash 1000000
    cr par value common stock 1000000

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