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ABC issues 13,000 shares of preferred stock to investors on January 1 for cash. The 3% $10 par value preferred shares are sold $25
ABC issues 13,000 shares of preferred stock to investors on January 1 for cash. The 3% $10 par value preferred shares are sold $25 per share. What is the amount applied to additional paid in capital preferred stock?
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
