Answered: On February 1, Barton Corporation… | bartleby

Quickbooks Online Accounting

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 3.6C

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Question

On February 1, Barton Corporation issued 5,000 shares of its $20 par value preferred stock for $28 per share.
Journalize the transaction. (Credit account titles are automatically indented when the 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.)
Date Account Titles and Explanation
Feb. 1
Debit
Credit

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