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Record the conversion for whispering winds services inc

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Reference no: EM132663449

Problem 1: Whispering Winds Services Inc. issued 1,500 $2 convertible preferred shares at $45 and 5,500 common shares at $15 each in 2019. Each preferred share is convertible into three common shares. On March 15, 2020, preferred shareholders converted 150 preferred shares into common shares. Record the conversion.

Reference no: EM132663449

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