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    Exam 13: Corporations
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    When a Corporation Sells 10,000 Shares of $10 Par Value
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When a Corporation Sells 10,000 Shares of $10 Par Value

Question 138

Question 138

True/False

When a corporation sells 10,000 shares of $10 par value common stock for $120,000, the Common Stock account is credited for $100,000.

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