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Business, 29.06.2019 03:20 kyleeharr1370

Ravonette corporation issued 300 shares of $10 par value common stock and 100 shares of $50 par value preferred stock for a lump sum of $13,500. the common stock has a market price of $20 per share, and the preferred stock has a market price of $90 per share. prepare the journal entry to record the issuance.

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Ravonette corporation issued 300 shares of $10 par value common stock and 100 shares of $50 par valu...
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