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Irish Corporation issued (sold) 15,000 shares of its no par common stock for $65 per share. The bylaws established a stated value of $5 per
Irish Corporation issued (sold) 15,000 shares of its no par common stock for $65 per share.
The bylaws established a stated value of $5 per share.
The transaction would increase the common stock account on the balance sheet by how much?
Group of answer choices
$75,000.
$0.
$975,000.
$900,000.
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