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Lin Incorporated received $65,000 from owners in exchange for shares of no-par common stock. The transaction would include a: O Credit to Retained Earnings.
Lin Incorporated received $65,000 from owners in exchange for shares of no-par common stock. The transaction would include a: O Credit to Retained Earnings. Credit to Cash. O Credit to Common Stock. Credit to Paid-in-Capital in Excess of Par, Common.
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Interpreting and Analyzing Financial Statements
Authors: Karen P. Schoenebeck, Mark P. Holtzman
6th edition
132746247, 978-0132746243
