Norris Corporation was organized on January 1, 2021. It is authorized to issue 20,000 shares...
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Accounting
Norris Corporation was organized on January 1, 2021. It is authorized to issue 20,000 shares of 6%, $50 par value preferred stock and 500,000 shares of no-par common stock with a stated value of $1 per share. The following stock transactions were completed during the first year.
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