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Question 1 of 4 10.63/25 View Policies Show Attempt History Current Attempt in Progress Riverbed Corporation is authorized to issue both preferred and common stock.

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Question 1 of 4 10.63/25 View Policies Show Attempt History Current Attempt in Progress Riverbed Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $52. During the first year of operations, the company had the following events and transactions pertaining to its preferred stock. Feb 1 Issued 19,500 shares for cash at $60 per share. July 1 Issued 14,000 shares for cash at $64 per share Question 1 of 4 10.63/25 (b) Post to the stockholders equity accounts. (Post entries in the order of journal entries presented in the previous part.) Preferred Stock Date Explanation Ref. Feb. 1 Debit Credit Balance July 1 Paid-in Capital in Excess of Par-Preferred Stock Date Explanation Ref. Debit Feb. 1 Credit Balance July 1 Intemets e Textbook and Media List of Accounts Attempts: 0 of 3 used mren Scani

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