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From investor Point of view:

Shares in Common Stock 232000
Cash/Bank a/c 232000
From Company point of view:

Cash/Bank a/c 232000
Share Capital A/c 232000

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Q: A purchase was made of 40000 shares of a company's stock for 232000 dollars which this represents 40 percent of the outstanding stock so what does the entry to record this transaction include?
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