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Regency Inc. issued 1,600 shares of $20 par value, 8%, cumulative preferred stock for $96,000 on June 30. Prepare the journal entry on June 30.
Regency Inc. issued 1,600 shares of $20 par value, 8%, cumulative preferred stock for $96,000 on June 30. Prepare the journal entry on June 30. Date Account Name Dr. Cr. June 30 0 0 Answer 0 0 Answer 0 0 Answer To record the stock issuance
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
5th Edition
0273622919, 978-0273622918
