PROBLEM I: Skylar Systems completed the following stock issuance transactions: May 19: Issued 1,700...
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PROBLEM I: Skylar Systems completed the following stock issuance transactions: May : Issued shares of $ par value Common Stock for cash of $ per share. June : Issued shares, nopar Preferred stock for $ cash. June: Received equipment with a market value of $ in exchange for shares value common stock. Journalize the transactions. Explanation not required. 
PROBLEM I: Skylar Systems completed the following stock issuance transactions:
May : Issued shares of $ par value Common Stock for cash of $ per share.
June : Issued shares, nopar Preferred stock for $ cash.
June: Received equipment with a market value of $ in exchange for shares value common stock.
Journalize the transactions. Explanation not required.
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