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Sheffield Corporation began business by issuing 414000 shares of $5 par value common stock for $24 per share. During its first year. the corporation sustained
Sheffield Corporation began business by issuing 414000 shares of $5 par value common stock for $24 per share. During its first year. the corporation sustained a net loss of $39400. The year-end balance sheet would show O Total paid-in capital of $7866000. O Common stock of $9936000. O Common stock of $2070000. O Total paid-in capital of 59896600
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