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A company issued 135 shares of $100 par value common stock for $14,500 cash. The total amount of paid-in capital is: Multiple Choice a. $13,500.
A company issued 135 shares of $100 par value common stock for $14,500 cash. The total amount of paid-in capital is: Multiple Choice
a. $13,500.
b. $1,000.
c. $1,350.
d. $14,500.
e. $100.
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Accounting An Introduction
Authors: Eddie McLaney, Peter Atrill
2nd Edition
0273655507, 978-0273655503
