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  3. 8. brown corporation issues 800 shares of its $5 p

8. Brown Corporation issues 800 shares of its $5 par value common stock for $20/share....

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8. Brown Corporation issues 800 shares of its $5 par value common stock for $20/share. Brown Company issues 500 shares of its $4 par value preferred stock for $10/share. Prepare all necessary journal entries

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