$13\mathrm{.}5$ additional question: the following stockholders' equity accounts arranged alphabetically are in the ledger of Galindo Corporation at December $31,2022.$ Suppose the stated value of common stock chemged to $$8$ per share and number of shares outstanding remained the same. Assuming that the shares were issued for the same total price, how does this change affect the Capital stock and Additional paid$-$in capital section $?$

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When the stated value of common stock ... View the full answer