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Question 4 for 10) Alpha Company issued 5,500 shares of $10 par value common stock to stockholders, in exchange for $71,500 cash. Which of the
Question 4 for 10) Alpha Company issued 5,500 shares of $10 par value common stock to stockholders, in exchange for $71,500 cash. Which of the following correctly describes the impact of this transaction on Alpha's financial statements? O Additional paid-in capital of $16,500 is reported in stockholders' equity. O A $71,500 investment is reported as a long-term investment. O Stockholders have invested $126,500 as stockholders' equity, O Common stock is reported at $71,500 as a liability, 2020 Mer o n
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