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On February 1, Authorized Common Stock Was Sold on a Subscription

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On February 1, authorized common stock was sold on a subscription basis at a price in excess of par value, and 20 percent of the subscription price was collected. On May 1, the remaining 80 percent of the subscription price was collected. Additional Paid-In Capital would increase on
On February 1, authorized common stock was sold on a subscription basis at a price in excess of par value, and 20 percent of the subscription price was collected. On May 1, the remaining 80 percent of the subscription price was collected. Additional Paid-In Capital would increase on

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