Marianna corporation is authorized to issue 100000 shares


Marianna Corporation is authorized to issue 100,000 shares of $5 stated par value stock and 2,000 shares of $100 par value, 6 percent preferred stock. Prepare journal entries in journal form without explanations to record the following transactions:

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Financial Accounting: Marianna corporation is authorized to issue 100000 shares
Reference No:- TGS01002116

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