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Journalize the entries for october 31 and november 19

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Question

On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 72,900 shares of $10 par common stock at $14, and on November 19, it issued for cash 20,640 shares of preferred stock, $50 par at $52.

Journalize the entries for October 31 and November 19.

What is the total amount invested (total paid-in capital) by all stockholders as of November 19?

Reference no: EM132379785

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