If smart company issues 1,000 shares of $5 par value common stock for $90,000, the account?

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If Smart Company issues 1,000 shares of $5 par value common stock for $90,000, the account. a. Cash will be debited for $95,000. b. Common Stock will be …. => Read More

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If Smart Company issues 1,000 shares of $5 par value common stock for $90,000, the account a. Cash will be debited for $95,000. b. Paid-in Capital in Excess …. => Read More

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b.Common Stock will be credited for $90,000. c.Paid-In Capital in Excess of Par will be credited for $85,000. d.Cash will be debited for $95,000. Feedback: …. => Read More

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If a corporation issues 1,000 shares of $3 par common stock for $7 a share, … DT Inc. issued 3,000 shares of $5 par value common stock for $6 per share. => Read More

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A corporation issued 1,000 shares of its $2.00 par value common stock for $10.00 per … If the corporation plans to distribute $90,000 as dividends in the … => Read More

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Accounting Flashcards | Quizlet

Terms in this set (10) · Declared Cash Dividend · A Corporation issued 4000 shares of $5 par value common stock for $35,000 · A corporation issued 2,000 shares of … => Read More

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Based on this in formation the, If Visser Company issues 1000 shares of $5 par value common stock for $70000, the account and more. => Read More

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If Norben Company issues 4,000 shares of $5 par value common stock for $140,000, the account. Paid-in Capital in Excess of Par Value will be credited for … => Read More

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