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Question 4 of 5 -72 View Policies Current Attempt in Progress Blue Spruce Corp. was organized on January 1, 2022. It is authorized to issue

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Question 4 of 5 -72 View Policies Current Attempt in Progress Blue Spruce Corp. was organized on January 1, 2022. It is authorized to issue 19.500 shares of 6% 550 par value preferred stock and 451,000 shares of no-par common stock with a stated value of $3 per share. The following stock transactions were completed during the first year Jan 10 Mar 1 May 1 Issued 65.500 shares of common stock for cash at $6 per share. Issued 1.110 shares of preferred stock for cash at $54 per share Issued 110,500 shares of common stock for cash at $5 per share. Issued 4.100 shares of common stock for cash at $8 per share. Issued 2.100 shares of preferred stock for cash at 560 per share Sept 1 Nov. 1 = Journalize the transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit -12 C e Textbook and Media Post to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part.) Preferred Stock + Paid-in Capital in Excess of Par Value--Preferred Stock Common Stock Question 4 of 5 Common Stock + Paid-in Capital in Excess of Stated Value-Common Stock BLUE SPRUCE CORP. Partial Balance Sheet $ + -12 3 e Textbook and Media List of Accounts Save for Later Attempts: unlimited Submit

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