Pronghorn Corp began operations on April 1 by issuing 52,200 shares of $5 par value...
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Pronghorn Corp began operations on April by issuing shares of $ par value common stock for cash at $ per share. In addition, Pronghorn issued shares of $ par value preferred stock for $ per shase. Journalize the issuance of the common and preferred shares. Credit account titles are automatically indented when amount is entered. not indent manually. List all debit entries before credit entries. If no entry is required, select No Entry" for the account titles and enter for amounts. Date Account Titles and Explanation April April Credit To record issuance of preferred shares 
Pronghorn Corp began operations on April by issuing shares of $ par value common stock for cash at $ per share. In addition, Pronghorn issued shares of $ par value preferred stock for $ per shase.
Journalize the issuance of the common and preferred shares. Credit account titles are automatically indented when amount is entered. not indent manually. List all debit entries before credit entries. If no entry is required, select No Entry" for the account titles and enter for amounts.
Date Account Titles and Explanation
April
April Credit
To record issuance of preferred shares
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