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March 27, 2017

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On April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104.

Journalize the entries for April 1 and 7. For a compound transaction, if an amount box does not require an entry, leave it blank or enter "0".

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