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On February 1, Sunland Corporation issued 5,400 shares of its $20 par value preferred stock for $26 per share. Journalize the transaction. (List all
On February 1, Sunland Corporation issued 5,400 shares of its $20 par value preferred stock for $26 per share. Journalize the transaction. (List all debit entries before credit entries. Credit account titles are automatically Indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Feb. 1
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Journal Entry Date February 1 Debit Cash Ac 140400 Credit Preferred Stock Ac 108...
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
