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Stock and 10,000 shares of $25 par Preferred Stock. What is the appropriate joumal entry if 100 shares of preferred stock were issued at $25
Stock and 10,000 shares of $25 par Preferred Stock. What is the appropriate joumal entry if 100 shares of preferred stock were issued at $25 per share? Question 2 2pts Choose the items that are true regarding corporations and/or shareholders (select all that apply): A stockholder has no guarantee of ever recelving a return on the investment. If a corporation makes a profit, the % to be paid as dividends is guaranteed in the stock certificate. Dividends are not guaranteed. The issuance of stock 'dilutes' the value of stock ownership: Le., it spreads the ownership out over more shares. When a company incorporates, it creates a new legal entity in the eyes of the law
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