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Journalize the entries to record the february 13

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1. On February 13, Elman Corporation issued for cash 75,000 shares of no-par common stock (with a stated value of $125) at $140. On September 9, Elman issued 15,000 shares of 1%, $60 preferred stock at par for cash. On November 23, Elman issued for cash 8,000 shares of 1%, $60 par preferred stock at $70.

Journalize the entries to record the February 13, September 9, and November 23 transactions.

Reference no: EM131128235

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