On April 1, 10,000 shares of $20 par common stock were issued at $24.Illustrate the effects on the accounts and the financial statements.

Name: On April 1, 10,000 shares of $20 par common stock were issued at $24.Illustrate the effects on the accounts and the financial statements.
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The Answer of On April 1, 10,000 shares of $20 par common stock were issued at $24.Illustrate the effects on the accounts and the financial statements.

On April 1, 10,000 Shares of $20 Par Common Stock