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Please do quickly. Ursula Underwater Corp. issued 10,000 common shares, no par, and 1600 preferred shares. At the time of issue, the common shares were

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Ursula Underwater Corp. issued 10,000 common shares, no par, and 1600 preferred shares. At the time of issue, the common shares were selling at $7.50 per share and the preferred at $6.25. Total cash received was $81,000. Required: Prepare the journal entry to record the issuance of the shares on June 30, 2020

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