Business, 16.04.2021 04:50, ngilliam1444
Pina Corporation issued 329 shares of $10 par value common stock and 105 shares of $50 par value preferred stock for a lump sum of $15,372. 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.
Answers: 1
Pina Corporation issued 329 shares of $10 par value common stock and 105 shares of $50 par value pre...
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