Blossom Company had these transactions during the current period. June 12   Issued 82,000 shares of $1 par value common stock for cash of $307,500. July 11   Issued 3,700 shares of $101 par value preferred stock for cash at $105 per share. Nov. 28   Purchased 2,450 shares of treasury stock for $8,800. Prepare the journal entries for the Blossom Company transactions shown above.

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A:

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A: a.

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