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Note:- Give a complete explanation. A corporation has the following account balances: Common stock, $1 par value, $243,000; Paid-in Capital in Excess of Par Value,
Note:- Give a complete explanation.
A corporation has the following account balances: Common stock, $1 par value, $243,000; Paid-in Capital in Excess of Par Value, $1,254,000. Based on this information, the
A.number of shares outstanding are 1,497,000.
B.average price per share issued is $0.62.
C.number of shares issued are 243,000.
D.legal capital is $1,497,000.
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