The cash proceeds from issuing par value stock may be equal to or greater than, but not less than par value. Select one: True False Mazen purchases 100% of Ahmad capital interest in the partnership for $32,000, If the capital balance of Ahmad and nader are $40,000 and $30,000, respectively, the balance of Mazen Capital following the purchase is: Select one: a. 30,000 b. 40,000 C. 15,000 d. 32,000 Ahmad an active partner receives an annual Bonus 25% of partnership net income after deducting his bonus for the year ended 2019 partnership net income before bonus amounted to 300,000, the amount of net income after bonus should be Select one: a. 60,000 b. 240,000 c. 225,000 d. 75,000 Each stockholder in a corporation has a separate capital account in the stockholders' equity section of the balance sheet Select one: True False