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Journalize the entries to record the february transactions

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Reference no: EM131660578

Question - Jounralize the response

February 23, Erin Corporation issued for cash 35,000 shares of no-par common stock at $40. On October 6, Erin issued at par 5,000 shares of 7%, $80 par preferred stock for cash. On November 4, Erin issued for cash 29,000 shares of 7%, $80 par preferred stock at $84.

Journalize the entries to record the February 23, October 6, and November 4 transactions.

For a compound transaction, if an amount box does not require an entry, leave it blank.

Reference no: EM131660578

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