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Current Attempt in Progress Pronghorn Inc. issues 4 , 7 0 0 shares of $ 1 0 0 par value preferred stock for cash at
Current Attempt in Progress
Pronghorn Inc. issues shares of $ par value preferred stock for cash at $ per share.
Journalize the issuance of the preferred stock. List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.
Account Titles and Explanation
Debit
Credit
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