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When a corporation sells 5,000 shares of $14 par value common stock for $155,000 , Common Stock is credited for $70,000 . Is this true
When a corporation sells 5,000 shares of $14 par value common stock for $155,000, Common Stock is credited for $70,000. Is this true or false?
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
2nd Canadian Edition
