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    Financial Accounting Information for Decisions
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    Exam 11: Reporting and Analyzing Equity
  5. Question
    A Company Sold Stock for $733,000
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A Company Sold Stock for $733,000

Question 186

Question 186

Short Answer

A company sold stock for $733,000.The shares had a par value of $6.26 each.After the transaction,the paid-in capital in excess of par common stock account had a balance of $420,000.How many shares did the company sell?

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