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Make the General Journal entry for the January

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Reference no: EM132545544

Question - On January 2, 2016, Alpha Corporation issued 2,500 shares of $5 par value common stock. The issue price was $15 per share. On January 15, Alpha Corporation issued 1,000 shares of its $100 par 5% cumulative preferred stock for $105 per share. Use this information to make the General Journal entry (without explanation) for the January 2 and January 15 entries.

Reference no: EM132545544

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