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joirnalize the transaction please In its first year of operations, Pina Colada Corp, had the following transactions pertaining to its $12 par value preferred stock.

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In its first year of operations, Pina Colada Corp, had the following transactions pertaining to its $12 par value preferred stock. Feb. 1 Issued 8,000 shares for cash at $25 per share, Issued 6,900 shares for cash at $27 per share. July 1

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