The preferred stock was issued for land having a fair value of $140,000. All common...
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The preferred stock was issued for land having a fair value of $ All common stock issued was for cash. In November shares of common stock were purchased for the treasury at a per share cost of $ In December, shares of treskuary stock wer sold for $ per share. No dividends were declared in A Prepare the journal for the Issuance of preferred stock for land. Issuance of common stock for cash. Purchase of common treasury stock for cash. Sale of treasury stock for cash.
The preferred stock was issued for land having a fair value of $ All common stock issued was for cash. In November shares of common stock were purchased for the treasury at a per share cost of $ In December, shares of treskuary stock wer sold for $ per share. No dividends were declared in A Prepare the journal for the Issuance of preferred stock for land. Issuance of common stock for cash. Purchase of common treasury stock for cash. Sale of treasury stock for cash.
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