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Team Spirit Inc. issues 280,000 common shares for $8 per share. The journ

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Team Spirit Inc. issues 280,000 common shares for $8 per share. The journal entry is:

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