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Jan 1 st: issued 7 0 0 0 shares of 1 0 0 $ present value, 4 % preferred stock at par Jan 2 nd:
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Journal Entries for Jan 1st Dec 31st Jan 1st Account Preferred Stock Debit 700000 7000 shares 100 pa...Get Instant Access to Expert-Tailored Solutions
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
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