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3pts Hogwarts Corp. issues 5.000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, pedes are made to

3pts Hogwarts Corp. issues 5.000 shares of $10 par value common stock at $14 per share. When the transaction is recorded, pedes are made to Common Stock $50,000 and Retained Earnings $20.000 Common Stock $50.000 and Paid-in Capital in Excess of Stated Value $20.000. Common Stock $50,000 and Paid-in Capital in Excess of Par Value $20,000 Common Stock $70,000 Question 2 3 pts Wolverine Company issued 900 shares of no-par common stock for $17,100. Which of the following journal entries would be made if the stock has no stated value? Cash 17.100 Common Stock No-Par Value 17.100 Common Stock No-Par Value 17,100 Cash 17,100 Cash Common Stock No-Par Value 17.100 900 Paid-in Capital in Excess of Stated Value 16,200. MacBook Airimage text in transcribed

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