On January 1, 2016, Bartov Company issues 7,000 shares of $100 par value preferred stock at $350 cash per share. On March 1, the company repurchases 7,000 shares of previously issued $1 par value common stock at $86 cash per share. Use the financial statement effects template to record these two transactions.
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On January 1, 2016, Bartov Company issues 7,000 shares of $100 par value preferred stock at $350 cas...
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