A company issued 125 shares of $100 par value common stock for $13500 cash. The total amount

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A company issued 125 shares of $100 par value common stock for $13500 cash. The total amount paid of paid- in capital is:

A.$100

B.$12500

C.$13500

D.$1000

E.$1250

Related Book For answer-question

Financial accounting

ISBN: 978-0132751124

9th edition

Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom

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Posted Date: Dec 02, 2023 10:13 AM

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A company issued 125 shares of $100 par value common stock for $13500 cash. The total amount

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Financial accounting

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