The partners who own Cohen Rafts wished to avoid the unlimited personal liability of the partnership form of business, so they incorporated as Cohen Rafts, Inc. The charter from the state of Colorado authorizes the corporation to issue 110,000 shares of $1 par common stock. In its first month, Cohen Rafts completed the following transactions: Jul. 9: Issued 7,000 shares of common stock to Debbie Wells and 14,000 shares to Cara Cohen in return for cash equal to the stock's market value of $23 per share. The two women were partners in Cohen Rafts, Co. Choose from any list or enter any number in the input fields and then continue to the next