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Warren Company had the following transactions. Issued 5,000 shares of common stock with a stated value of $10 for $110,000. Issued 2,000 shares of $100

Warren Company had the following transactions.

Issued 5,000 shares of common stock with a stated value of $10 for $110,000.

Issued 2,000 shares of $100 par preferred stock at $107 for cash.

Journalize these transactions

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