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On July 4, Great Student Company issued 20,000 shares of preferred stock with a par value of $3 and market value of $85,000 for
On July 4, Great Student Company issued 20,000 shares of preferred stock with a par value of $3 and market value of $85,000 for equipment having an appraised value of $87,000. Make the journal entry.
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ANSWER Heres the journal entry for the transaction Date July ...
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
