Delong corporation was organized on january 1 2017 it is, Accounting Basics

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Delong corporation was organized on january 1 2017 it is

DeLong Corporation was organized on January 1, 2017. It is authorized to issue 10,000 shares of 8%, $100 par value preferred stock, and 500,000 shares of no-par common stock with a stated value of $2 per share. The following stock transactions were completed during the first year.

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