Question
Quality cleaning corp. issued 50 no - per value common shares for land with a market value of $4000. Dillon's had originally issued common shares
Quality cleaning corp. issued 50 no - per value common shares for land with a market value of $4000. Dillon's had originally issued common shares at $100 two year ago, but there is currently no market value available for their shares. the amount of contributed capital arising from this transaction is A. $600 B. $100 C. $1000 D. $4000
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Financial Accounting Concepts And Applications
Authors: K. Fred Skousen, James D. Stice, Earl Kay. Stice, W. Steve Albrecht
7th Edition
0538876255, 978-0538876254
