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Post to the stockholders' equity accounts. (Use T-accounts.) (Post entries in the order of jou Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock

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Post to the stockholders' equity accounts. (Use T-accounts.) (Post entries in the order of jou Preferred Stock Paid-in Capital in Excess of Par Value-Preferred Stock Click if you would like to Show Work for this question: Qen Show Work CALCULATOR PERVISION ERA Exercise 11-06a-b Monty Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the footwear of operation, the company had the following events and transactions pertaining to its preferred stock Feb. 1 Issued 45,500 shares for cash at $55 per share July 1 Issued 63,500 shares for cash at 58 per share Journalize the transactions. (Record Journal entries in the order presented in the problem. Credit accounts are automatically we wes amunt is enterolo not Indent manually. If no entry is required, select "No Entry for the account cities and enter for them) Date Account Tities and Explanation Debit Credit Hobicach 200 Preferred to Paldatavad July 000 Brendo Dar

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