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When common stock is issued by a corporation for a cash price above par value, the increase in Contributed Capital and Retained Earnings is: Select

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When common stock is issued by a corporation for a cash price above par value, the increase in Contributed Capital and Retained Earnings is: Select one: a. Contributed Capital Retained Earnings The Cash Price Par Value b. Contributed Capital Retained Earnings Par Value The Cash Price C. Contributed Capital Retained Earnings Cash Price No Increase d. Contributed Capital Retained Earnings Cash Price Less Par Value No Increase Clear my choice

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