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Munn Corporations records included the following stockholders equity accounts: Preferred stock, par value $15, authorized...

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Accounting

Munn Corporations records included the following stockholders equity accounts: Preferred stock, par value $15, authorized 20,000 shares $ 255,000 Additional paid-in capitalpreferred stock 15,000 Common stock, no par, $5 stated value, 100,000 shares authorized 300,000 Required: How many shares of preferred stock and how many shares of common stock have been issued

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