Question
Dull Corporation has one class of $1 par common stock. The company has authorized 500,000 shares, issued 450,000 shares, and currently has 420,000 shares outstanding.
Dull Corporation has one class of $1 par common stock. The company has authorized 500,000 shares, issued 450,000 shares, and currently has 420,000 shares outstanding. Additional paid-in capital totals $1,800,000. What amount will Dull report as capital stock?
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Financial And Managerial Accounting
Authors: Carl S. Warren, Jefferson P. Jones, William B. Tayler
15th Edition
1337902667, 9781337902663
