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TheMark Corporationis authorized to issue a total of 100,000,000shares of $.10 par value common stock. As of July 31, the corporation had issued a total
TheMark Corporationis authorized to issue a total of 100,000,000shares of $.10 par value common stock. As of July 31, the corporation had issued a total of9,200,000 common shares and received cash of $46,000,000. Determine the dollar amount reported in theCorporation's common stock account on July 31. a. $46,000,000 b. $4,600,000 c. $920,000 d. $10,000,000
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