Question
The excess of the fair value of the consideration received over the stated value of no par common stock should be credited to a) Common
The excess of the fair value of the consideration received over the stated value of no par common stock should be credited to
a) Common stock.
b) Retained earnings.
c) A liability account.
d) Additional paid-in capital.
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Financial Accounting
Authors: Carl Warren, James M. Reeve, Philip E. Fess
8th Edition
0324025394, 978-0324025392
