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Windsor, Inc. began operations on April 1 by issuing 58,000 shares of $5 par value common stock for cash at $18 per share. On April

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Windsor, Inc. began operations on April 1 by issuing 58,000 shares of $5 par value common stock for cash at $18 per share. On April 19 , it issued 1,700 shares of common stock to attorneys in settlement of their bill of $25,500 for organization costs. In addition, Windsor issued 900 shares of $2 par value preferred stock for $8 cash per share. Journalize the issuance of the common and preferred shares, assuming the shares are not publicly traded. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select 'No Entry' for the occount titles and enter Ofor the omounts.)

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