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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
Edition 3ISBN: 978-0132962339 Exercise 5
Recording issuance of no-par stock
Dates, Corp., issued 4,000 shares of no-par common stock for $9 per share.
Requirements
1. Record issuance of the stock if the stock
a. is true no-par stock and
b. has stated value of $2 per share.
2. Which type of stock results in more total paid-in capital
Dates, Corp., issued 4,000 shares of no-par common stock for $9 per share.
Requirements
1. Record issuance of the stock if the stock
a. is true no-par stock and
b. has stated value of $2 per share.
2. Which type of stock results in more total paid-in capital
Explanation
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Verified
2.
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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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