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Happy Company issues 15,000 shares of $6 per value common stock at $6 per share and 25,000 shares of $15 per value preferred stock at

Happy Company issues 15,000 shares of $6 per value common stock at $6 per share and 25,000 shares of $15 per value preferred stock at $23 per share.

a) prepare the journal entries for stock issuances

b) how much cash was raised from the stock issuance

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