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Maine Corporation has two classes of stock: common, $2 par value and preferred, $5 par value. Requirements 1. Journalize Maine's issuance of 2,500 shares of

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Maine Corporation has two classes of stock: common, $2 par value and preferred, $5 par value. Requirements 1. Journalize Maine's issuance of 2,500 shares of common stock for $10 per share. 2. Journalize Maine's issuance of 2,500 shares of preferred stock for a total of $12,500

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