A newly formed corporation sold stock for $545,000. The shares had a par value of $5 each.

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A newly formed corporation sold stock for $545,000. The shares had a par value of $5 each. After the transaction, the Paid-In Capital in Excess of Par Value - Common Stock, account had a balance of $215,000. The corporation sold shares of stock

Posted Date: May 18, 2024 10:14 PM

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A newly formed corporation sold stock for $545,000. The shares had a par value of $5 each.

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