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3.On April 1, 10,000 shares of $5 par common stock were issued at $25, and on April 7, 5,000 shares of $50 par preferred stock
3.On April 1, 10,000 shares of $5 par common stock were issued at $25, and on April 7, 5,000 shares of $50 par preferred stock were issued at $103. Journalize the entries for April I and 7.
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
