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Caesar Cruise Lines,Inc

question 3

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Caesar Cruise Lines,Inc.issues 2,000 shares of its no-par common stock.The issue price of the stock is $18 per share.What is the journal entry required to record the issuance of the shares?


Definitions:

Proximity Effect

The tendency for individuals to form relationships or have positive feelings towards those who are physically closer or more frequently encountered.

Interpersonal Liking

The positive feelings or affection one individual has for another, often influencing the desire to maintain relationships and social interactions.

Online Dating

A method of starting romantic relationships via websites or applications that allow users to create profiles and communicate with others.

Marriages

The legally or formally recognized union of two people as partners in a personal relationship.

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