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Yalstin Corp. issued 3,000 shares of no-par common stock for $10 per share Requirements 1. Record issuance of the stock if the stock a. is
Yalstin Corp. issued 3,000 shares of no-par common stock for $10 per share Requirements 1. Record issuance of the stock if the stock a. is a no-par stock b. has a stated value of $2 per share 2 Which type of stock issuance results in more total paid-in capital? Requirement 1. a. Record the issuance of the stock if the stock is a no-par stock. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Cash Common stock Paid-in capital in excess of stated value-common Requirement 1. Preferred stock tated value of $2 per share. (Record debitsfirst then credits. Exclude explanations from any journal entries.) Retained earnings Yalstin Corp. issued 3,000 shares of no-par common stock for $10 per share. Requirements 1. Record issuance of the stock if the stock: a is a no-par stock b. has a stated value of $2 per share. 2 Which type of stock issuance results in more total paid-in capital? Requirement 1. b. Record the issuance of the stock if the stock has a stated value of $2 per share. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Debit Date Accounts Credit Requirement 2. Which type of stock issuance results in more total paid-in capital
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