Question
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
- common stock subscribed of $15,000.
- paid-in capital of $15,000.
- common stock of $15,000.
- common stock of $10,000 and additional paid-in capital of $5,000.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
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