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Just really need some help on this and the parts that follow! I will rate! Many thanks and God bless!!! S13-2 (similar to) Question Help

image text in transcribedJust really need some help on this and the parts that follow!

I will rate!

Many thanks and God bless!!!

S13-2 (similar to) Question Help California Corporation has two classes of stock: common, $2 par value; and preferred, $20 par value. Requirements 1. Journalize California's issuance of 3,500 shares of common stock for $15 per share. 2. Journalize California's issuance of 3,500 shares of preferred stock for a total of $70,000. Requirement 1. Journalize California's issuance of 3,500 shares of common stock for $15 per share. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanations Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer. ? 1 part Clear All Check Answer remaining

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