1 - A journal entry for the sale of $10-par common stock for $18 per share would include

	a debit to Cash
	a debit to Common Stock.
	a debit to Treasury Stock.
	a debit to Paid-In Capital in Excess of Par - Common Stock.

9 - If shares of stock are sold or exchanged for more than par value, the excess is called

	a discount.
	a gain.
	a premium.
	earnings.

13 - When a stock dividend of less than 2025% is declared and the market value exceeds the par or stated value of the shares, an amount equal to the market value of the shares to be distributed should be charged (debited) to which of the following accounts?

	Stock Dividends
	Stock Dividends Distributable
	Paid-In Capital in Excess of Par
	Capital Stock