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  3. o. refer to the equity section above. assume that

o. Refer to the equity section above. Assume that the preferred are convertible into common...

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Accounting

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o. Refer to the equity section above. Assume that the preferred are convertible into common at a rate of eight common shares for each share of preferred. If 1,000 shares of the preferred are converted into common on Aprill 1, 2023 , prepare the journal entry

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