Question
1a) ABC Issued 6000 common stock of CHF5 par value for CHF20 per share. This transaction will increase: a Total equity by CHF 30000 b
1a) ABC Issued 6000 common stock of CHF5 par value for CHF20 per share. This transaction will increase:
a Total equity by CHF 30000
b Additional paid in capital by CHF 120000
c Common stock by CHF 30,000
d Retained earnings by CHF 90,000
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Financial Accounting
Authors: Kermit D. Larson, Paul B. W. Miller
5th Edition
0256091935, 978-0256091939
