Question
One thousand shares of $10 par capital stock issued for $15 per share will be presented on the balance sheet as common stock subscribed of
One thousand shares of $10 par capital stock issued for $15 per share will be presented on the balance sheet as
- common stock subscribed of $15,000.
- paid-in capital of $15,000.
- common stock of $15,000.
- common stock of $10,000 and additional paid-in capital of $5,000.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
