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how to do this E14.5 (10 1) (Lump-Sum Sales of Stock with Preferred Stock) Coldplyy lsc issues 500 ahares of $10 pur value common stock
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E14.5 (10 1) (Lump-Sum Sales of Stock with Preferred Stock) Coldplyy lsc issues 500 ahares of $10 pur value common stock and 100 shans of 5100 par value prefermd atock for a lump sum of 5100,000 . Instructions b. Prepare the fournal entry for the issuacce when oaly the market price of the cocemon ispick is known and it is 5170 per share Step by Step Solution
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