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Business, 27.09.2019 04:00 RayeK168

Logan corporation issues 40,000 shares of $50 par value preferred stock for cash at $60 per share. in the stockholders' equity section, the effects of the transaction above will be reporteda. entirely within the capital stock section. b. entirely within the additional paid-in capital section. c. under both the capital stock and additional paid-in capital sections. d. entirely under the retained earnings section.

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Logan corporation issues 40,000 shares of $50 par value preferred stock for cash at $60 per share. i...
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