Business, 27.11.2019 22:31 alexusjones6042

Issuer co. has 100,000 authorized shares of $20 par common stock and 20,000 outstanding. on march 31 of the current year, imelda subscribed to 10,000 shares at a price of $25 per share. she paid 50% of the price on that date and the remainder on april 30. issuer should:
a) credit additional paid-in capital on april 30.
b) credit additional paid-in capital on march 31.
c) debit additional paid-in capital on march 31.
d) debit additional paid-in capital on april 30.

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Issuer co. has 100,000 authorized shares of $20 par common stock and 20,000 outstanding. on march 31...

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