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Business, 25.10.2019 04:43 fffcc7665

Ari’s cafe began operations on march 1, 2015. the corporate charter authorized the issuance of 3,000 shares of $2 par value common stock and 1,000 shares of $3 par value, 8% cumulative preferred stock. the company's fiscal year ends on february 28. ari’s sold 500 shares of common stock at $6 per share on april 1. what impact does the entry to record the april 1 transaction have on total stockholders' equity?

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Ari’s cafe began operations on march 1, 2015. the corporate charter authorized the issuance of 3,000...

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