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Wilson Corporation had the following transactions:
1. Issued 7,000 shares of common stock with a stated value of $15 for $155,000.
2. Issued 3,000 shares of $100 par value preferred stock at $117 for cash.
Required: Prepare the journal entries for the above transactions.
Age 25
A milestone age often considered the beginning of full adulthood, associated with maturity and new legal rights or responsibilities.
Intimacy Versus Isolation
A stage in Erik Erikson's theory of psychosocial development where adults face the challenge of forming intimate relationships versus becoming isolated.
Erik Erikson
A psychoanalyst known for his theory on the psychosocial development of human beings.
Trust Versus Mistrust
The first stage in Erikson's theory of psychosocial development, where infants learn to trust or mistrust their caregivers and the world based on their interactions.
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