Question
If Dakota Company issues 1,000 shares of $7 par common stock for $18,000, a.Paid-In Capital in Excess of Par will be credited for $11,000. b.Paid-In
If Dakota Company issues 1,000 shares of $7 par common stock for $18,000, a.Paid-In Capital in Excess of Par will be credited for $11,000. b.Paid-In Capital in Excess of Par will be credited for $7,000. c.Common Stock will be credited for $18,000. d.Cash will be debited for $7,000.
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Horngrens Accounting
Authors: Tracie Miller Nobles, Brenda Mattison
13th Edition
0135982235, 9780135982235
