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    What Would Be Recorded in the Common Stock Par Value
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What Would Be Recorded in the Common Stock Par Value

Question 56

Question 56

Multiple Choice

What would be recorded in the common stock par value account on the balance sheet if 20,000 shares are issued at a par value of $2 and the market value is $5?


A) $20,000
B) $40,000
C) $30,000
D) $60,000

Correct Answer:

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