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Journalize the following stock transactions for Rick Corporation.
July 22 Issued 10,000 shares of $6 par common stock for $45,000 cash.
28 Issued 6,000 shares of $4 par common stock for $35,000 cash.
31 Issued 4,000 shares of $10 par, 7% preferred stock for $50,000 cash.
Business Incubator
A company that helps find and grow new businesses.
Start-Up Businesses
New businesses that are in the initial stages of operation, often characterized by innovation, scalability, and seeking investment.
Office Space
Physical locations or areas designated for business operations and work of employees in an organization.
Cloud-Based Solutions
Services, storage, and computing resources accessed and managed over the internet, enabling flexibility and scalability for businesses and users.
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