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    Principles of Accounting Study Set 1
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    Exam 13: Accounting for Corporations
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    When No-Par Common Stock Has a Stated Value,the Stated Value
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When No-Par Common Stock Has a Stated Value,the Stated Value

Question 16

Question 16

True/False

When no-par common stock has a stated value,the stated value of the shares issued normally is considered the legal capital of the corporation.

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