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Concord Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $ 5 0 . During the first
Concord Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $ During the first
year of operations, the company had the following events and transactions pertaining to its preferred stock.
Feb. Issued shares for cash at $ per share.
July Issued shares for cash at $ per share.
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