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QUESTION

Osage Corporation issued 2,250 shares of stock. Prepare the entry for the issuance under the following assumptions. (a) The stock had a par value of...

 Osage Corporation issued 2,250 shares of stock.

Prepare the entry for the issuance under the following assumptions. 

(a)The stock had a par value of $7.00 per share and was issued for a total of $53,500.

(b)The stock had a stated value of $7.00 per share and was issued for a total of $53,500.

(c)The stock had no par or stated value and was issued for a total of $53,500.

(d)The stock had a par value of $7.00 per share and was issued to attorneys for services during incorporation valued at $53,500.

(e)The stock had a par value of $7.00 per share and was issued for land worth $53,500.

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