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A company issued 2,000 shares of $2 par value preferred stock for $3 per share. What is true about the journal entry to record the

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A company issued 2,000 shares of $2 par value preferred stock for $3 per share. What is true about the journal entry to record the issuance? Multiple Choice Credit Preferred Stock $6,000 Debit Preferred Stock $6,000 Credit Cash $6,000 Credit Additional Paid-In Capital $2,000

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