A corporation reports the following shareholders' equity on 12/31/20: $100,000 Common Stock, $1 par Additional Paid-In...

 

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A corporation reports the following shareholders' equity on 12/31/20: $100,000 Common Stock, $1 par Additional Paid-In Capital Retained Earnings $500,000 $400,000 Total Shareholders' Equity What amount was received from the issuance of common stock? O $100,000 O $500,000 O $600,000 O $1,000,000 $1,000,000 A corporation reports the following shareholders' equity on 12/31/20: $100,000 Common Stock, $1 par Additional Paid-In Capital Retained Earnings $500,000 $400,000 Total Shareholders' Equity What amount was received from the issuance of common stock? O $100,000 O $500,000 O $600,000 O $1,000,000 $1,000,000

Answer rating: 100% (QA)

Answer Caculation of amount received from Issuance of Common Stock Par... View the full answer