Air France-KLM reports the following equity information for its fiscal year ended March 31, 2009 (euros in

Question:

Air France-KLM reports the following equity information for its fiscal year ended March 31, 2009 (euros in millions). Prepare its journal entry, using its account titles, to record the issuance of capital stock assuming that its entire stock was issued on March 31, 2009, for cash.
March 31 2009
Issued capital . . . . . . . . . . . . . . . . . . . . . . . . . €2,552
Additional paid-in capital . . . . . . . . . . . . . . . . . . . 765

Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...