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Prepare the journal entry to record the issuance of 5,000 shares of $20 par common stock for $25 per share

Prepare the journal entry to record the issuance of 5,000 shares of $20 par common stock for $25 per share
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Prepare the journal entry to record the issuance of 5,000 shares of $20 par common stock for $25 per share

asked
User Oleksandr Skrypnyk
by
9.0k points

1 Answer

3 votes

Answer:

value preferred stock for $65,250 cash

HOPE THIS HELP PLEASE TOUCH THANKS.

answered
User Tom Harrington
by
7.0k points
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