To expand operations. Aragon Consulting issued 100.000 shares of previously unissued stock with a par value of

Question:

To expand operations. Aragon Consulting issued 100.000 shares of previously unissued stock with a par value of $1 . The selling price for the stock was S75 per share. Record the sale of this stock. Would your answer be different if the par value was $2 per share? If so. record the sale of stock with a par value of $2.

LO1

Fantastic news! We've Found the answer you've been seeking!