Question
Lionworks, Inc. issues ,500 shares of$42 par common stock for $47 per share. The amount credited to paid?in capital in excess of par ? is:
Lionworks, Inc. issues ,500 shares of$42 par common stock for $47 per share. The amount credited to paid?in capital in excess of par? is:
A.
$164,500.
B.
?$0.
C.
$147,000.
D.
$17,500.
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Global Accounting And Control A Managerial Emphasis
Authors: Sidney J. Gray, Stephen B. Salter, Lee H. Radebaugh
1st Edition
0471128082, 978-0471128083
