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5 of 15 < > View Policies -/5 E: Current Attempt in Progress Bramble Corp. is authorized to issue both preferred and common stock. The
5 of 15 < > View Policies -/5 E: Current Attempt in Progress Bramble Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first year of operations, the company had the following events and transactions pertaining to its preferred stock. Feb. 1 Issued 44,000 shares for cash at $53 per share. July 1 Issued 63,000 shares for cash at $54 per share. Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Feb 1 Question 5 of 15 -/5 Date Account Titles and Explanation Debit Credit Feb. 11 v July 1 eTextbook and Media List of Accounts
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