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The Pierre Corporation Began Operations on 1/1/13 by Issuing 10,000

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The Pierre Corporation began operations on 1/1/13 by issuing 10,000 shares of no-par stock for $22 per share. Indicate the effects of this transaction on the financial statements. The Pierre Corporation began operations on 1/1/13 by issuing 10,000 shares of no-par stock for $22 per share. Indicate the effects of this transaction on the financial statements.

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(I) (N) (I) (N) (N) (N) (I)
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