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Robust Robots recently issued 100,000 shares of common stock at $7 per share. The stock has par value equal to $3 per share. What amount
Robust Robots recently issued 100,000 shares of common stock at $7 per share. The stock has par value equal to $3 per share. What amount of the $700,000 that RR raised should be reported in the common stock at par account, and what amount should be reported in the paid in capital account?
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