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    Financial Accounting Study Set 25
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    Exam 11: Corporations: Organization, Stock Transactions
  5. Question
    On February 1, Barton Corporation Issued 5,000 Shares of Its
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On February 1, Barton Corporation Issued 5,000 Shares of Its

Question 112

Question 112

Essay

On February 1, Barton Corporation issued 5,000 shares of its $20 par value preferred stock for $28 per share.
Instructions
Journalize the transaction.

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