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During its first year of operations, Buffalo Corporation had the following transactions pertaining to its common stock. Jan Issued 85,000 shares for cash at
During its first year of operations, Buffalo Corporation had the following transactions pertaining to its common stock. Jan Issued 85,000 shares for cash at $6 per share. 10 Mar. 1 July Issued 5,000 shares to attorneys in payment of a bill for $36,100 for services rendered in helping the company to incorporate. Issued 31,300 shares for cash at $8 per share. 1 Sept. Issued 63,200 shares for cash at $10 per share. 1 (a)
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