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ESOURCES COZ olce Z Cholce GO Exercise 11-08 Bridgeport Corp. recently hired a new accountant with extensive experience in accounting for partnerships. Because of the

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ESOURCES COZ olce Z Cholce GO Exercise 11-08 Bridgeport Corp. recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pressure of the new job, the accountant was unable to review what he had learned earlier about corporation accounting. During the first month, he made the following entries for the corporation's capital stock. May 2 Cash 125,000 Capital Stock 123.000 (Issued 8,200 shares of $11 par value common stock at $15 per share) 10 Cash 756,000 Capital Stock 756,000 (Issued 14,000 shares of $20 par value preferred stock at 554 per share) 15 Capital Stock 10.600 Cash 10.600 (Purchased 190 shares of common stock for the treasury at 512 per share) On the basis of the explanation for each entry, prepare the entries that should have been made for the capital stock transactions (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is red. select "No Entry" for the account titles and enter for the amounts.) Chalce 52 Choice Date Account Titles and Explanation Debit Credit y Study funuld like to Show Work for this question: Open Show Work

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