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How do you record this transactionmay 18 issues 30000

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How do you record this transaction?May 18 Issues 30,000 additional shares of $2 common stock for $75 per share.May 25 Issue 8,000 shares of preferred stock for $125 per share.July 1 Declare a cash dividend of $1.25 per share on common stock and $3.00 per share on preferred stock to all stockholders of record on July 15.

Reference no: EM13591180

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