The arbitrary amount assigned by a company to a share of its stock is the: A) stated value per share. B) par value per share. C) book value per share. D) A and B When 200 shares of $1 par value common stock are issued at $29 per share, Paid-in Capital in Excess of Par-Common will: A) decrease $5800. B) increase $200. C) increase $5600 D) stay the same. Lewandowski Company reports the following information at the fiscal year end of December 31, 2017: What is the total paid-in capital for this company at December 31, 2017? A) $498 million B) $98 million C) $1398 million D) $998 million Buetters Company reports the following information at the fiscal year end of December 31, 2017: How many shares of common stock were issued? A) 940 million B) 9.4 million C) 694 million D) 94 million The calculation to determine number outstanding shares of stock is the number of the of A) authorized shares minus treasury shares. B) authorized shares minus number of issued shares issued shares minus number of treasury shares. D) treasury stock shares plus number of issued shares Previously issued stock that a corporation purchases from shareholders is called A) issued stock. B) outstanding. C) authorized stock. D) treasury stock. Treasury stock has a A) debit balance, the opposite of other stockholders' equity accounts. B) debit balance, the same as other stockholders' equity accounts. C) credit balance, the same as other stockholders' equity accounts. D) credit balance, the opposite of other stockholders' equity accounts. When treasury stock is purchased, accountants record treasury stock at A) the stock's original selling price. B) the stock's current market value. C) the stock's par value. D) the difference between the original selling price and the par value