Air France-KLM reports the following equity information for its fiscal year ended March 31, 2012 (euros in
Question:
March .................................31 2012
Issued capital . . . . . . . . . . . . . . . . . . € 300
Additional paid-in capital . . . . . . .. . 2,971
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,...
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The journal entry to record the issuance of capital stock on March 31 2...View the full answer
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