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6. When collectability is reasonably assured, the excess of the subscription price over the stated value of no-par common stock subscribed should be recorded as.

6. When collectability is reasonably assured, the excess of the subscription price over the stated value of no-par common stock subscribed should be recorded as. Please explain

A.

Additional paid-in capital when the subscription is recorded.

B.

Additional paid-in capital when the common stock is issued.

C.

No-par common stock.

D.

Additional paid-in capital when the subscription is collected.

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