Gonzalez Corporation is authorized to issue 1,000,000 shares of ($10.00) par value common stock and 100,000 shares
Question:
Gonzalez Corporation is authorized to issue 1,000,000 shares of \($10.00\) par value common stock and 100,000 shares of 10%, \($100.00\) par value preferred stock. The company has the following stock transactions:
The bookkeeper has compiled the following data related to the preferred and common stock as of September 30.
Instructions:
On a separate piece of paper, redo the chart, making any necessary corrections.
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