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Riverbed Inc. issues 4,750 shares of $100 par value preferred stock for cash at $130 per share. Journalize the issuance of the preferred stock.

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Riverbed Inc. issues 4,750 shares of $100 par value preferred stock for cash at $130 per share. Journalize the issuance of the preferred stock. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit

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