FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Entries for Issuing Par Stock
On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 320,000 shares of $5 par common stock at $12, and on November 19, it issued for cash 45,000 shares of
Question Content Area
a.
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Cash | Cash |
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Common Stock | Common Stock | |
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Paid-In Capital in Excess of Par-Common Stock | Paid-In Capital in Excess of Par-Common Stock | |
| Nov. 19 |
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- Select - | - Select - |
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- Select - | - Select - | |
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- Select - | - Select - |
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b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19?
$fill in the blank
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