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6 The Mayfair Corporation was organized on August 1, 2019. The firm is authorized to Issue 90,000 shares of no-par-value common stock with a stated value of $15 per share and 30,000 shares of $46 par-value, 14 percent preferred stock. Jan. 1 Issued 1,600 shares of common stock to Justin Baker for $15 a mhare. 1 tonued 1,450 shares of preferred stock to Austin Moore at par value. 6 Issued 1,300 shares of common stock to Mandie Brown for $22 a share. 10 Received a subscription for 1,800 shares of preferred stock from Lauren Durio for $55 a share, payable in two installmenta due on the 15th and 31st of August. 15 Received payment of stock subscription installment due from Lauren Durio (one-half of the purchase pric) 31 Received the balance due on the stock subscription of August 10 from Lauren Durio. Issued the stock. Record in general journal form the transactions listed above. View transaction list Journal entry worksheet 2 3 4 1 5 6 7 Issued 1,600 shares of common stock to Justin Baker for $15 a share. Note: Enter debits before credits Date General Journal Debit Credit Aug 01, 2019 Record in general journal form the transactions listed above. View transaction list Journal entry worksheet 2 3 4 5 > Issued 1,600 shares of common stock to Justin Baker for sis a share. Note: Enten debits before credits Date General Journal Dobit Credit Aug 01, 2019 + Record entry Clear entry View general Journal Record in general journal form the transactions listed above. View transaction list Journal entry worksheet

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