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Bramble Corp. issues 9000 shares of $10 par value common stock at $18 per share. When the transaction is recorded, credits are made to O
Bramble Corp. issues 9000 shares of $10 par value common stock at $18 per share. When the transaction is recorded, credits are made to O Common Stock $90000 and Paid-in Capital in Excess of Par $72000 O Common Stock $162000. Common Stock $90000 and Retained Earnings $72000. ( Common Stock $90000 and Paid-in Capital in Excess of Stated Value $72000.
Bramble Corp. issues 9000 shares of $10 par value common stock at $18 per share. When the transaction is recorded, credits are made to Common Stock $90000 and Paid-in Capital in Excess of Par $72000. CommonStock $162000. Common Stock $90000 and Retained Earnings $72000. Common Stock $90000 and Paid-in Capital in Excess of Stated Value $72000Step by Step Solution
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