Quiz Ch 10 – Crediting Account for Issuance of Common Stock at a Price Greater than Par Value

Financial Accounting

Thomas, Tietz, and Harrison

12th Edition

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Which account should be credited in the journal entry when a corporation issues 10,000 shares of $1 par value common stock for $9,000?

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  • Search Terms: $ $, $,. $,. d) $. b) $. c) , a capital common corporation credit earnings entry excess for if in include issues journal of paid-in par par—common retained shares stock the to: a) value would
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