YTC issued 200 of its preferred shares and 1,000 of its common shares, for a total cash consideration of $15,000.The current market prices for its shares were: Preferred, $25; Common,
$20.The issue entry for the preferred and common shares combined would be as follows:

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The Answer of YTC issued 200 of its preferred shares and 1,000 of its common shares, for a total cash consideration of $15,000.The current market prices for its shares were: Preferred, $25; Common,
$20.The issue entry for the preferred and common shares combined would be as follows:

YTC Issued 200 of Its Preferred Shares and 1,000 of Its