Cullumber Company had these transactions during the current period. June 12...

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Accounting

Cullumber Company had these transactions during the current period.

June 12 Issued 79,000 shares of $1 par value common stock for cash of $296,250.
July 11 Issued 2,500 shares of $105 par value preferred stock for cash at $113 per share.
Nov. 28 Purchased 1,600 shares of treasury stock for $8,150.

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