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Justine Corp Received Its Charter and Began Business in 2015

Question 96

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Justine Corp received its charter and began business in 2015.The company was authorized to issue 20,000,$5,noncumulative preferred shares and an unlimited number of common shares.Prepare journal entries to record the following transactions that occurred during 2015: Justine Corp received its charter and began business in 2015.The company was authorized to issue 20,000,$5,noncumulative preferred shares and an unlimited number of common shares.Prepare journal entries to record the following transactions that occurred during 2015:

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