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1. Common stock $3 par value( 10,000 shares authorized, 2000 shares issued for $5 per share). What amount would be credited to Common stock? a.

1. Common stock $3 par value( 10,000 shares authorized, 2000 shares issued for $5 per share). What amount would be credited to Common stock?

a. $30,000

b. $6,000

c. $50,000

d. $10,000

2. Common stock $3 par value( 10,000 shares authorized, 2000 shares issued for $5 per share). What amount would be credited to be paid in capital in excess of par?

a. $1,0000

b. $10,000

c. $6,000

d. $4,000

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