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how do you solve for paid in capital in excess of par value Prepare the issuer's journal entry for each of the following separate transactions.
how do you solve for paid in capital in excess of par value
Prepare the issuer's journal entry for each of the following separate transactions. 6. On March I. Atlantic Co. issues 42.500 shares of $4 pat value common stock for $291,500 cash. b. On April I, OP CO, issues no-par value common stock for 90.000 cash. c. On April 6. MPG issues 2.000 shares ot par value common stock for "5.000 01 inventory. $145,000 of machinery. and acceptance of a $94,000 note payable. O Answer is but not correct. Conmon stock. S4 pat value Paidan capital oxcoss ot pw common Cnmm nopar value Pad an exCOSS Ot value, '70000 e 70,000 700000 as,ooo O 14s.cx>0 0 somoe 94,000
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