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Century Corp issued 400,000 shares of $4 par value stock. Stock was issued at cash price of $16 per share. during first years company lost
Century Corp issued 400,000 shares of $4 par value stock. Stock was issued at cash price of $16 per share. during first years company lost net $100,000. The end year balance sheet would should common stock balance as ??? a. 1,6 million b. 1,5 million c. 6,3 million d. 6, 4 million
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