If a corporation sells 400 shares of 12 percent,$100 par-value preferred stock for $105 a share,the entry to record the transaction will include a credit of ____________________ to the Preferred Stock account.

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The Answer of If a corporation sells 400 shares of 12 percent,$100 par-value preferred stock for $105 a share,the entry to record the transaction will include a credit of ____________________ to the Preferred Stock account.

If a Corporation Sells 400 Shares of 12 Percent,$100 Par-Value