Business
Business, 01.11.2019 04:31, zoiee24g

When stockholders for goldstein treasures converted 1,000 shares of $5 par value preferred stock to 2,000 shares of $5 par value common stock, the company recorded a credit of $10,000 to common stock, a debit of $5,000 to preferred stock, and a debit of $2,300 to paid-in capital in excess of par—preferred stock. the remaining $2,700 should be debited to

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