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A company issues 100,000 shares of 5%, $10 par value preferred stock for $17 per share. The entry to record this transaction would include: Multiple

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A company issues 100,000 shares of 5%, $10 par value preferred stock for $17 per share. The entry to record this transaction would include: Multiple Choice O A credit to Preferred Stock for $1,700,000 A debit to Additional Pald in Capital for $700,000 O. O A credit to Preferred Stock for $1,000,000 O o A credit to Additional Paid in Capital for $1,700,000

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