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Trying to figure this out and need help! Apr. 12: Received inventory with a market value of $23,000 and equipment with a market value of

Trying to figure this out and need help!

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Apr. 12: Received inventory with a market value of $23,000 and equipment with a market value of $17,000 for 340 shares of the $3 par value common stock. Date Accounts and Explanation Debit Credit Apr. 12 Apr. 17: Issued 1,000 shares of 6%, $20 par value preferred stock for $20 per share. Date Accounts and Explanation Debit Credit Apr. 17

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