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Business, 27.11.2019 23:31 nakiyapulley7466

Alt corp. issues 5,000 shares of $10 par value common stock at $14 per share. when the transaction is recorded, credits are made to: common stock $50,000 and paid-in capital in excess of stated value $20,000. common stock $70,000. common stock $50,000 and paid-in capital in excess of par value $20,000. common stock $50,000 and retained earnings $20,000.

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Alt corp. issues 5,000 shares of $10 par value common stock at $14 per share. when the transaction i...
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