Colorado Corporation has two classes of stock common, $5 par value, and preferred, $10 par value Requirements 1 Journalize Colorado's issuance of 4,000 shares of common stock for $12 per share 2 Journalize Colorado's issuance of 4,000 shares of preferred stock for a total of $40,000 Requirement 1 Journalize Colorado's issuance of 4,000 shares of common stock for $12 per share (Record debits first, then credits Select the explanation on the last line of the journal entry table ) Date Accounts and Explanations Debit Credit Requirement 2 Journalize Colorado's issuance of 4,000 shares of preferred stock for a total of $40,000 (Record debits first, then credits Select the explanation on the last line of the journal entry table ) Accounts and Explanation Debit Credit Date

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Colorado Corporation has two classes of stock  common, $5 par value, and preferred, $10 par value  Requirements 1  Journalize Colorado's issuance of 4,000 shares of common stock for $12 per share  2  Journalize Colorado's issuance of 4,000 shares of preferred stock for a total of $40,000 Requirement 1  Journalize Colorado's issuance of 4,000 shares of common stock for $12 per share  (Record debits first, then credits  Select the explanation on the last line of the journal entry table ) Date Accounts and Explanations Debit Credit Requirement 2  Journalize Colorado's issuance of 4,000 shares of preferred stock for a total of $40,000  (Record debits first, then credits  Select the explanation on the last line of the journal entry table ) Accounts and Explanation Debit Credit Date

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Colorado Corporation has two classes of stock: common, $5 par value, and preferred, $10 par value. Requirements 1. Journalize Colorado's issuance of 4,000 shares of

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