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On February 1, Vaughn Corporation issued 5,900 shares of its $20 par value preferred stock for $26 per share. Journalize the transaction. (List all
On February 1, Vaughn Corporation issued 5,900 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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