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QUESTION 1 June 12th July 11th Nov 28th Nov 29th Microsoft Corporation had the following transactions during the current period. March 2nd Issued 5,000 shares

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QUESTION 1 June 12th July 11th Nov 28th Nov 29th Microsoft Corporation had the following transactions during the current period. March 2nd Issued 5,000 shares of $2 par value common stock to attorneys in payment of a bill for $55,000 for services performed in helping the company to incorporate Issued 50,000 shares of $1 par value common stock for cash of $360,000. Issued 4,000 shares of $100 par value preferred stock for cash at $150 per share. Issued 2,000 shares of $6 par value common stock for land worth $80,000. Issued 3,000 of no par or stated value common stock for cash of $70,000. Journalize the five transactions

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