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common stock. The following selected transactions were completed during the first year of operations: Journalize the transactions. If an amount box does not require an

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common stock. The following selected transactions were completed during the first year of operations: Journalize the transactions. If an amount box does not require an entry, leave it blank. Feb. 5. Issued 600,000 shares of common stock at par for cash. Feb. 5 Feedback Check My Work What is the company receiving and at what price is the stock being issued? Feb. 5. Issued 1,400 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation. Feedback Check My Work Recall that stock may be issued for reasons other than to recelve cash. What are these shares paying for? Check My Work Recall that stock may be issued for reasons other than to receive cash. What are these shares paying for? AF Feedback Check My Work Recall that shares of stock can be issued to acquire assets. At what value must the preferred stock and common stock accounts be recorded? June 14. Issued 32,000 shares of preferred stock at $82 for cash. Check My Work Recall that shares of stock can be issued to acquire assets. At what value must the preferred stock and common stock accounts be recorded? June 14. Issued 32,000 shares of preferred stock at $82 for cash. June Feedback Check My Work What is the company receiving for issuing the shares? At what value do the common and preferred stock accounts have to be recorded? common stock. The following selected transactions were completed during the first year of operations: Journalize the transactions. If an amount box does not require an entry, leave it blank. Feb. 5. Issued 600,000 shares of common stock at par for cash. Feb. 5 Feedback Check My Work What is the company receiving and at what price is the stock being Issued? Feb. 5. Issued 1,400 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation. Feb. 5 : x X Feedback Check My Work Recall that stock may be issued for reasons other than to recelve cash. What are these shares paying for?' Check. My Work What is the company receiving and at what price is the stock being issued? Feb. 5. Issued 1,400 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation. Feedback Check My Work Recall that stock may be issued for reasons other than to recelve cash. What are these shares paying for? Apt Feedback Check My Work Recall that shares of stock can be issued to acquire assets. At what value must the preferred stock and common stock accounts be recorded? Check My Work Recall that shares of stock can be issued to acquire assets. At what value must the preferred stock and common stock accounts be recorded? June 14. Issued 32,000 shares of preferred stock at $82 for cash. June 1 Feedback Check My Work What is the company receiving for issuing the shares? At what value do the common and preferred stock accounts have to be recorded

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