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    Fundamental Financial Accounting Concepts Study Set 1
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    Exam 11: Proprietorships,partnerships,and Corporations
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    Weller Corporation Issued 10,000 Shares of No-Par Common Stock for $25
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Weller Corporation Issued 10,000 Shares of No-Par Common Stock for $25

Question 17

Question 17

True/False

Weller Corporation issued 10,000 shares of no-par common stock for $25 per share.For this transaction,Common Stock should be credited (increased)for $250,000.

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