Assignment Gradebook ORION Downloadable eTextbook CALCULATOR FULL SCREEN PRINTER VERSION BACK Brief Exercise 16-03 Pina Corporation issued 2.200 shares of $10 par value common stock upon conversion of 1,100 shares of $50 par value preferred stock. The prefer stock was originally issued at $61 per share. The common stock is trading at $26 per share at the time of conversion Record the conversion of the preferred stock. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Click If you would like to show Work for this questions Open Show Work W LIST OF ACCOUNTS Question Attempts of 3 used A R LATER SUBMIT ANSWER command