Journalize the entries for January and March

Reference no: EM132832912

Question - Entries for issuing par stock - On January 14, Mountain Rocks Inc., a marble contractor, issued for cash 24,000 shares of $25 par common stock at $32, and on March 17, it issued for cash 60,000 shares of $10 par preferred stock at $11. Journalize the entries for January 14 and March 17.

Reference no: EM132832912

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