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company issued 1,600 shares of $3 par value preferred stock for $4 per share. What is true about the journal entry to record the issuance?
company issued 1,600 shares of $3 par value preferred stock for $4 per share. What is true about the journal entry to record the issuance? Multiple Cholce Credit Cash $6,400 Credit Preferred Stock $6,400 Deblt Preferred Stock $6,400 Credit Additional Paidin Capital $1,600
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