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Mel;s oragnics was organized on June 5 , Year 1 . It was authorized to issue 1 0 8 0 0 0 shares $ 5

Mel;s oragnics was organized on June 5, Year 1. It was authorized to issue 108000 shares $5 par commons tock and 33000 shares of 6 percent cumulative class A use the horizontal financial statement model to show how each event affects the balanace sheet, income statement, and statement of cash flows.

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