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    Exam 13: Corporations
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    A Corporation Issues 16,000 Shares of Its $3 Stated Value
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A Corporation Issues 16,000 Shares of Its $3 Stated Value

Question 254

Question 254

True/False

A corporation issues 16,000 shares of its $3 stated value common shares.The issue price is $9 per share.The credit to the Common Stock account is $144,000.

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