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Amber Wilson, owner of Canyon Cance Company decides to start a new company that will be operated as a corporation, Outdoor Equipment Incorporated (OE)
Amber Wilson, owner of Canyon Cance Company decides to start a new company that will be operated as a corporation, Outdoor Equipment Incorporated (OE) This company will sell outdoor cething and egrpment. The articles of incorporation for C suthorize the company to issue 500,000 preferred shares that pay a dividend of $4.00 per year and 1,000,000 common shares OEI had the following select transactions in 2022 Click the icon to view the transactions.) Bud Requirement 1. Journalize the transactions (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) dan 1 Issued 50,000 common shares for a total of $200000 Date Jan 1 Accounts and Explanation Debit Credit Debit Credit Jan 10 hod 2,000 poelened shares in exchange for land with a market value of $70,000 Date 350 Accounts and Explanation 0 FULL HD-1080- T 0 30er Time Remaining: 02:07:17 Next ENG ANN 0
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