Ash Corporation issued 332 shares of $10 par value common stock and 113 shares of $50 par value preferred stock for a lump sum of $16,146. The common stock has a market price of $20 per share, and the preferred stock has a market price of $100 per share. Prepare the journal entry to record the issuance

due to the changes the federal reserve is making the unused reserves will impact the economy by them facing inflation. inflation is definfed as the increase in pricing of a good or service but the decline of the value of money used for purchasing those items. when the economy has a high inflation rate, they are subject to money loss and hurt on the economy.

answer; rapid growth in buyer demand and high buyer switching cost;