If common stock is issued for an amount greater than par value, the excess should be credited

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If common stock is issued for an amount greater than par value, the excess should be credited to

a) Paid-in Capital in Excess of Par.

b) Legal Capital.

c) Retained Earnings.

d) Cash.

Related Book For answer-question

Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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Posted Date: Aug 21, 2022 02:55 AM

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If common stock is issued for an amount greater than par value, the excess should be credited

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Intermediate Accounting Reporting and Analysis

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