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    Damon Company Sold 10,000 Shares of $1 Par Value Common
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Damon Company Sold 10,000 Shares of $1 Par Value Common

Question 127

Question 127

Multiple Choice

Damon Company sold 10,000 shares of $1 par value common stock.The selling price was $9.00 per share.After the sale,what is the capital in excess of par value?


A) $80,000
B) $90,000
C) $100,000
D) $110,000

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