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Assume that Cookie \& Coffee Creations Inc. issues 1,000$6 cumulative preferred shares to Curtis' Dad...

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Accounting

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Assume that Cookie \& Coffee Creations Inc. issues 1,000$6 cumulative preferred shares to Curtis' Dad and the same number to Natalie's grandmother, in both cases for $5,000. Prepare the journal entry required for this transaction that also occurred on November 1 . (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) List of Accounts Attempts: 1 of 3 used

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