Question: 2 25 points Problem 14-6 Equity Accounts (LO3) Common Products has just made its first issue of stock. It raised $2.6 million by selling
2 25 points Problem 14-6 Equity Accounts (LO3) Common Products has just made its first issue of stock. It raised $2.6 million by selling 250,000 shares of stock to the public. These are the only shares outstanding. The par value of each share was $2. Complete the following table: (Enter your answers in dollars, not in millions.) eBook Hint Common stock (par value) Additional paid-in capital Retained earnings Net common equity Print References $ 3,000,000
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