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Evergreen Corp. issues 10,000 shares of $5 par common stock for $6.50 per share. The amount credited to paidin capital in excess of par is:
Evergreen Corp. issues 10,000 shares of $5 par common stock for $6.50 per share. The amount credited to paidin
capital in excess of par is:
A.
$50,000.
B.
$15,000.
C.
$10,000.
D.
$65,000.
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