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Not yet answered Marked out of 1.00 18 Ahmad Corporation began business in 2020 by issuing 50,000 shares of $3 par common stock for $8
Not yet answered Marked out of 1.00 18 Ahmad Corporation began business in 2020 by issuing 50,000 shares of $3 par common stock for $8 per share and 20,000 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $12. On its December 31, 2020 balance sheet, Ahmad would report O .a Common Stock of $150,000 .b Common Stock of $400,000 .C O Paid-In Capital of $150,000 .d Common Stock of $600,000 sches
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