Question
Which of the following amounts should additional paid in capital be credited for in transaction (g): March 7: Issued 10,000 shares of $1 par value
Which of the following amounts should additional paid in capital be credited for in transaction (g): March 7: Issued 10,000 shares of $1 par value common stock to investors for $3 per share?
A.$20,000
B.$30,000
C.$10,000
D.There is no additional paid in capital associated with this transaction
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Payroll Accounting
Authors: Bernard J. Bieg, Judith A. Toland
2013 edition
113396253X, 978-1133962533
