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1. One thousand shares of $10 par capital stock issued for $15 per share will be presented on the balance sheet as common stock subscribed

1.One thousand shares of $10 par capital stock issued for $15 per share will be presented on the balance sheet as

  1. common stock subscribed of $15,000.
  2. paid-in capital of $15,000.
  3. common stock of $15,000.
  4. common stock of $10,000 and additional paid-in capital of $5,000.

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