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9. The difference between the Par value of the share and its market value to the public is called: * (2 Points) Additional capital
9. The difference between the Par value of the share and its market value to the public is called: * (2 Points) Additional capital or Share issue bonus merger acquired All of the above is false 10. Invest Company owns 30 percent of Ali Corporation. During the year, Ali had net earnings of $200,000 and paid dividends of $18,000. Invest mistakenly recorded these transactions using the cost method rather than the equity method. What effect would this have on the investment account, net earnings, and retained earnings, respectively? (2 Points) Understate, overstate overstate Overstate understate understate Overstate overstate, overstate Understate understat derstate
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