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When800shares of $1 par value Common Stock are issued at $22 per share,Paid minusinCapital in...

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Question

Accounting

When800shares of $1 par value Common Stock are issued at $22 per share,Paid minusinCapital in Excess of ParCommon will:

A.increase

$ 16 comma 800$16,800.

B.decrease

$ 17 comma 600$17,600.

C.increase

$ 800$800.

D.

stay the same.

Answer & Explanation Solved by verified expert
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