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    Exam 5: Communicating and Interpreting Accounting Information
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    What Account Is Credited When a Corporation Issues Stock at an Amount
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What Account Is Credited When a Corporation Issues Stock at an Amount

Question 16

Question 16

Multiple Choice

What account is credited when a corporation issues stock at an amount over the stock's par value?


A) Gain on sale of stock
B) Loss on sale of stock
C) Additional paid- in capital
D) Retained earnings

Correct Answer:

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