Business
Business, 30.03.2020 15:34, ashleypere99

A corporation issued 5,000 shares of $20 par value common stock for $120,000 cash. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $22,000. The stock has a $1 per share stated value. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $22,000. The stock has no stated value. A corporation issued 1,250 shares of $25 par value preferred stock for $53,250 cash.

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A corporation issued 5,000 shares of $20 par value common stock for $120,000 cash. A corporation iss...

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