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In what order are current assets listed on a balance sheet?

Multiple Choice

By dollar amount $($largest first$)$

By relevance to the operation of the business

By date of acquisition $($earliest first$)$

By liquidity

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Alpha Company issued $7,200$ shares of $$10$ par value common stock to stockholders, in exchange for $$748,800$ cash. Which of the following correctly describes the impact of this transaction on Alpha's financial statements?

Multiple Choice

Stockholders have invested $$820,800$ as stockholders' equity.

Common stock is reported at $$748,800$ in stockholders' equity.

A $$748,800$ investment is reported as a long$-$term investment.

Additional paid$-$in capital of $$676,800$ is reported in stockholders' equity.

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