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Business, 12.03.2021 15:20 jlbradley429

Finlay. Inc., issued 8.000 shares of $50 par value preferred stock :u $68 per ~hare and 12.000 shares of no-par value common stock at $I 0 per share. The common stock has no stated value. All issuances were for cash. a. Detemine the financial statement effect of the share issuances.
b. Detemine the financial statement effect of the issuance of the common stock.

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Finlay. Inc., issued 8.000 shares of $50 par value preferred stock :u $68 per ~hare and 12.000 share...
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