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Prepare the journal entry to record Jevonte Company’s issuance of 36,000 shares of its common stock...

Prepare the journal entry to record Jevonte Company’s issuance of 36,000 shares of its common stock assuming the shares have a:

  1. $2 par value and sell for $18 cash per share.
  2. $2 stated value and sell for $18 cash per share.
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