During 2013, Company A has the following transactions involving its common and preferred stock: Issu

During 2013, Company A has the following transactions involving its common and preferred stock: Issu

During 2013, Company A has the following transactions involving its common and preferred stock:Issued 20,000 shares of $8 par common stock for $26 a share; brings total shares outstanding to 50,000 shares Issued 6,000 shares of $100 par, 6%, cumulative preferred stock for $150 per share When market value of the common stock reached $15 a share, Company A declared a 3-for-1 stock split, reducing the par value to $188 per sharePosted: 4 years agoDue: 10/09/2015Budget: $3

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