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The following selected transactions pertain to S. Karen Corporation: Jan. 3 Issued 135.000 shares. $10 par value, common stock for $25 per share. Feb. 10
The following selected transactions pertain to S. Karen Corporation: Jan. 3 Issued 135.000 shares. $10 par value, common stock for $25 per share. Feb. 10 Issued 5,700 shares. $31 par value, common stock in exchange for special purpose equipment. S. Karen Corporation's common stock has been actively traded on the stock exchange at $31 per share H Journalize the transactions, (List all deblt entries before credit entries, Credit account titles are automatically indented when the amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem) Account Titles and explanation Debit Credit January C No. 11 Aat Common Stock Paid in Capital in Excess of Parco Stock
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