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On July 1, 2021, Nall Co. issued 2,500 shares of its $10 parcommon stock and 5,000 shares of its $12 par preferred stock for alump

On July 1, 2021, Nall Co. issued 2,500 shares of its $10 parcommon stock and 5,000 shares of its $12 par preferred stock for alump sum of $140,000. At this date Nall's common stock was sellingfor $ 2 answers

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