When common stock is issued at an amount greater than par value, the difference between the...

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When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by a. crediting the common stock account. b. debiting an additional paid-in capital account. c. crediting the retained earnings account. d. crediting an additional paid-in capital асcount. When common stock is issued at an amount greater than par value, the difference between the par value and the proceeds from the sale is recorded by a. crediting the common stock account. b. debiting an additional paid-in capital account. c. crediting the retained earnings account. d. crediting an additional paid-in capital асcount.

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Answer Explanation Par value is also called face value and that is its literal me... View the full answer