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1. Journalize the following equity transactions. Consider transactions a - d independently Issued 1,300 shares of $1 par common stock for cash of $12 per

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1. Journalize the following equity transactions. Consider transactions a - d independently Issued 1,300 shares of $1 par common stock for cash of $12 per share. a. b. Sold 200 shares of $2, no-par preferred stock for $10,000 cash. Issued 6,000 shares of the $1 par common stock in exchange for equipment with a c. market value of $18,000. issued 1,000 shares of 6%, $10 par preferred stock for $10 per share. d, Purchased 3,000 shares of treasury stock at $15 per share. e. Sold 1,500 shares of the treasury stock for $20 per share. f. Sold the remaining 1,500 shares of treasury stock for $9 per share. g

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