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  3. Study Set
    Fundamentals of Financial Accounting
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    Exam 11: Reporting and Interpreting Stockholders Equity
  5. Question
    A Company Issued 600 Shares of $50 Par Value Stock
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A Company Issued 600 Shares of $50 Par Value Stock

Question 113

Question 113

Multiple Choice

A company issued 600 shares of $50 par value stock for $45,000.What is the total amount of contributed capital?


A) $30,000
B) $15,000
C) $45,000
D) $50

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