Question: ca (Record debits first, then credits. Exclude explanations from any journal entries.) i More Info May 19 Jun. 3 00 Jun. 11 Issued 1,500

ca (Record debits first, then credits. Exclude explanations from any journal entries.) i More Info May 19 Jun. 3 00 Jun. 11 Issued 1,500 shares of $2 par value common stock for cash of $10.50 per

ca (Record debits first, then credits. Exclude explanations from any journal entries.) i More Info May 19 Jun. 3 00 Jun. 11 Issued 1,500 shares of $2 par value common stock for cash of $10.50 per share. Isssued 240 shares of $9, no-par preferred stock for $12,000 cash. Received equipment with a market value of $73,000 in exchange for 8,000 shares of the $2 par value common stock. Print Done exchange for 8,000 shares of the $2 par value common stock. Debit Credit s and then continue to the next question. X

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