Cates Corp issued 8,000 shares ofno par common stock for $10 per share 1 Record issuance of the stock if thestock a is trueno par stock b has stated value of $2 per share 2 Which type of stock results in more totalpaid in capital

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Cates Corp. issued 8,000 shares ofno-par common stock for $10 per share. 1. Record issuance of the stock if thestock: a. is trueno-par stock. b.

Cates Corp. issued 8,000 shares ofno-par common stock for $10 per share.

Record issuance of the stock if thestock:

is trueno-par stock.

has stated value of $2 per share.

Which type of stock results in more totalpaid-in capital?

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