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  • Sep 21, 2009, 11:00 AM
    twilight123
    Common Stock
    What accounts would you debit and credit for a journal entry that says... sale of common stock?
  • Sep 21, 2009, 06:14 PM
    pready

    Cash because you receive cash
    Common Stock for par value of stock
    Additional Paid-in Capital for amounts over par value of the stock.

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