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California Corporation has two classes of stock: Common, $2 par; and preferred, $10 par: REQUIREMENT: [1] Journalize California's issuance of (a) 2,000 shares of common
California Corporation has two classes of stock: Common, $2 par; and preferred, $10 par: REQUIREMENT: [1] Journalize California's issuance of (a) 2,000 shares of common stock for $11 per share. (b) 2,000 shares of preferred stock for a total of $20,000
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