Question
A company has 81,000 shares of $14 par common stock authorized. The company Issued 14,000 shares of common stock in exchange for a patent valued
A company has 81,000 shares of $14 par common stock authorized. The company Issued 14,000 shares of common stock in exchange for a patent valued at $550,000.
In the journal entry for this transaction, paid-in capital in excess of par common stock is $
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Internal Auditing Theory A Systems View
Authors: Hugh Marsh, G A Swanson
1st Edition
089930608X, 978-0899306087
