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Kittie Company issues 18,000 shares of $5 par value common stock at $8 per share and 23,000 shares of $20 par value preferred stock at

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Kittie Company issues 18,000 shares of $5 par value common stock at $8 per share and 23,000 shares of $20 par value preferred stock at $24 per share. a) Prepare the journal entries for the stock issuances. b) How much cash was raised from the stock issuances

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