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The following transactions took place in June for the Holista Corporation: - 1st Issued 1,000 shares of $100 preferred shares. - 10th Issued 3,000 shares
The following transactions took place in June for the Holista Corporation: - 1st Issued 1,000 shares of $100 preferred shares. - 10th Issued 3,000 shares of common shares for $18 per share. - 15th Received land with a fair market value of $60,000 and a building with a fair market value of $180, exchange for 15,000 shares of common shares. Which of the following is the correct journal entry for June 1st transaction
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