Journalize the entries to record the January transactions

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Question - Entries for Issuing Stock - On January 22, Muir Corporation issued for cash 24,000 shares of no-par common stock at $50. On February 14, Muir issued at par 8,000 shares of 3%, $100 par preferred stock for cash. On August 30, Muir Corporation issued for cash 17,000 shares of preferred 3% stock, $100 par at $105. Journalize the entries to record the January 22, February 14, and August 30 transactions.

Reference no: EM133099324

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