I recently had a twitter question that I want to share.
"Purchased and retired 20,000 preferred shares at $130 per share (assume par value of $100 and we issued the 20,000 shares at $150) -- what's the journal entry?"
"Purchased and retired 20,000 preferred shares at $130 per share (assume par value of $100 and we issued the 20,000 shares at $150) -- what's the journal entry?"
