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Prepare the journal entries required for issuances of stock

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Question - On June 1, 2020, Ham Inc. issues 8,000 shares of $.10 par value preferred stock at $80 cash per share and 100,000 shares of $8 par value common stock at $15 cash per share. Prepare the journal entries required for these 2 issuances of stock.

Reference no: EM133096083

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