Business, 25.04.2020 02:55 cardsqueen

On January 22, Muir Corporation issued for cash 20,000 shares of no-par common stock at $30. On February 14, Muir issued at par 3,000 shares of 6%, $50 par preferred stock for cash. On August 30, Muir Corporation issued for cash 25,000 shares of preferred 6% stock, $50 par at $54. Journalize the entries to record the January 22, February 14, and August 30 transactions. For a compound transaction, if an amount box does not require an entry, leave it blank.

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On January 22, Muir Corporation issued for cash 20,000 shares of no-par common stock at $30. On Febr...

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