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Concord Corporation recently hired a new accountant with extensive experience in c onfort had learned earlier about corporation accounting. During the first month, he made

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Concord Corporation recently hired a new accountant with extensive experience in c onfort had learned earlier about corporation accounting. During the first month, he made the following o Because of the pressure of the new job, the accountant was unable to review what he for the corporation's stock 123,000 May 2 Cash 123.000 Capital Stock (Issued 8,200 shares of $11 par value common stock at $15 per share) 10 Cash 745.000 Capital Stock (issued 13,000 shares of $17 par value preferred stock at 557 per share) 15 Capital Stock Cash (Purchased 750 shares of common stock for the treasury at $15 gr share) 741.000 On the basis of the explanation for each entry prepare the entries that should have been made for the coastack transactions. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indet manually. If no entry is required lect"No Entry for the account title and enter for the amounts.)

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