Question
Microsoft Corporation issued 4,000 shares of common stock with a par value of $10 per share for $30 per share. Calculate: a) The total amount
Microsoft Corporation issued 4,000 shares of common stock with a par value of $10 per share for $30 per share. Calculate: a) The total amount received from the issuance of stock. b) The additional paid-in capital. c) The total par value of the shares issued. d) The total number of shares issued. e) Record the journal entry to reflect the issuance of common stock.
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
9780134486840
