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Multiple Choice 10-6 A company issues 200 shares of $2 par valuecommon stockfor $10 per share. What amount will be credited to the Common Stock

Multiple Choice 10-6

A company issues 200 shares of $2 par valuecommon stockfor $10 per share. What amount will be credited to the Common Stock account when recording this transaction?

a. $400
b. $2,000
c. $1,600
d. None of these choices are correct.

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