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1. journalizing Florida's insurance of 1500 shares of common stock for eight dollars per share. 2. journalizing Florida's insurance of 1500 shares of preferred stock

1. journalizing Florida's insurance of 1500 shares of common stock for eight dollars per share.
2. journalizing Florida's insurance of 1500 shares of preferred stock for a total of 15,000 image text in transcribed
S13-2 (similar to) Florida Corporation has two cases of stock common $3 par value and preferred, 510 por value Requirements 1. Journal Florida's issuance of 1.500 shares of common stock for Sper share 2. Joumalize Florida's issuance of 1,500 shares of preferred stock for a total of $15.000 Requirement 1. Journalize Florida's besuance of 1.500 shares of common stock for $8 per share (Record debts first, then credits Select the explanation on the last line of the jumal entry table) Date Accounts and Explanations Debit Credit

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