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Business, 01.12.2020 14:10 dayi80

Ross Island Co. issues 22,000 shares of no-par value preferred stock for cash at $66.00 per share. The journal entry to record the transaction will consist of a debit to Cash for $1,452,000 and a credit (or credits) to:

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Ross Island Co. issues 22,000 shares of no-par value preferred stock for cash at $66.00 per share. T...
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