Business, 04.05.2020 22:46 hollycoleman13

A firm issued 5,000 shares of $1 par-value common stock, receiving proceeds of $20 per share. The accounting entry for the paid-in capital in excess of par account is
A) $5,000.
B) $ 95,000.
C) $100,000.
D) $0.

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A firm issued 5,000 shares of $1 par-value common stock, receiving proceeds of $20 per share. The ac...

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