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60. On January 1, 2018, a company issues 1,000 shares of $1 par value common stock for $20 per share. The journal entry to re
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60) Debit Credit
Cash 20,000
Common stock 1,000
paid in capital in excess of par-CS 19,000
61) Cash 20,000
common stock 20,000
62) Rent expense 4,000
prepaid rent 4,000
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