On July 6, XOT Corporation issued 2,000 shares of its $1.50 par common stock. The market price of the stock on that date was $17 per share. Journalize the issuance of the stock.

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The Answer of On July 6, XOT Corporation issued 2,000 shares of its $1.50 par common stock. The market price of the stock on that date was $17 per share. Journalize the issuance of the stock.

On July 6, XOT Corporation Issued 2,000 Shares of Its