Kathleen battle corp it authorized to issue 10000 shares of

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kathleen battle corp it authorized to issue 10,000 shares of 8%, $100 par value preferred stock. and 500,000 shares of no par common stock with a stated value of $1 per share. issused 80,000 shares of common stock stock for cash at $5 per share.How do get the common stock selling prices. I know the journal enteries are cash is 80,000 x5 400,000.

Reference no: EM13602675

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