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Equinox Outdoor Wear issues 1,000 shares of its $0.01 par value preferred stock for cash...

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Accounting

image Equinox Outdoor Wear issues 1,000 shares of its $0.01 par value preferred stock for cash at $21 per share. Record the issuance of the preferred shares. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the issuance of preferred stock. Note: Enter debits before credits

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