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(Solved): Your answer is partially correct. Assume that Cookie & Coffee Creations Inc. issues 840$0.50 non ...



Your answer is partially correct. Assume that Cookie & Coffee Creations Inc. issues

840$0.50

noncumulative preferred shares to Curtis's dad and the same number to Natalie's grandmother, in both cases for

$4,200

. Also assume that Cookie & Coffee Creations inc. issues 630 common shares to its lawyer. Prepare the journal entries for each of these transactions. They all occurred on November 1. (List all debit entries before credit entries. Credit account tities are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Nov. 1

(To record issue of preferred stock) Nov, 1

(To record issue of common shares to lawyer) eTextbook and Media List of Accounts Save for Later Last saved 1 day ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. \table[[Debit],[8,400]] \table[[8,400],[-]] Credit

tat

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