cises LO 1) E15.1 Doherty, Inc., is authorized to issue 1,000,000 shares of \$1 par...
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cises LO 1) E15.1 Doherty, Inc., is authorized to issue 1,000,000 shares of \$1 par value common stock and 400,000 shares of $100 par preferred stock. Prepare the journal entries to record the sale of 10,000 shares of common stock at $9 and 200 shares of preferred stock at $103 per share
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