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On February 1. Barton Corporation issued 5,000 shares of its $20 par value preferred stock for $28 per share. Journalize the transaction. (Credit account

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On February 1. Barton Corporation issued 5,000 shares of its $20 par value preferred stock for $28 per share. Journalize the transaction. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Feb. 1 Debit Credit

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