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Journal Entries to Record the Sale of Stock.

Journal Entries to Record the Sale of Stock.

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Fleishman Corporation issued 5,000 shares of its no-par common stock for $28 per share and 510 shares of its $50 par value preferred stock for $52.50 per share. Prepare the journal entries to record the sale of the stock.
Fleishman Corporation issued 5,000 shares of its no-par common stock for $28 per share and 510 shares of its $50 par value preferred stock for $52.50 per share. Prepare the journal entries to record the sale of the stock.

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Categories:Types, School Work
Published by: ClassOf1.com on Apr 10, 2013
Copyright:Attribution Non-commercial
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/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->