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23-05-2023
Business

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Jade Jewelers issued 15,000 shares of $1 par value stock for $20 per share. What is true about the journal entry to record the issuance?
A) Debit Additional Paid-In Capital $285,000.
B) Credit Common Stock $15,000.
C) Credit Common Stock $300,000.
D) Credit Cash $300,000.

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