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Journalize the following transactions made by the Finau Company.The par value of each preferred share is $20.00. (Omitexplanations).Aug. 1 Issued 5,000 shares of preferred stock

Journalize the following transactions made by the Finau Company.The par value of each preferred share is $20.00. (Omitexplanations).Aug. 1 Issued 5,000 shares of preferred stock $60.00 per share.S 2 answers

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