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14. The 31/12/2018 trial balance of Salem corporation includes the following balances: Common Stock 6,000,000 Paid-in Capital in Excess of statedcommon 1,000,000 Preferred Stock 2,000,000
14. The 31/12/2018 trial balance of Salem corporation includes the following balances: Common Stock 6,000,000 Paid-in Capital in Excess of statedcommon 1,000,000 Preferred Stock 2,000,000 Paild-in Capital in Excess of ParPreferred 300,000 Treasury Stock 700.000 Paid-in Capital from treasury stock 150,000 The total of capital stock of Salem corporation is: a) 8,750,000. b) 8,700,000 c) 7,300,000. d) 8,000,000
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