INTERMEDIATE ACCOUNTING (LL)-W/ACCESS
INTERMEDIATE ACCOUNTING (LL)-W/ACCESS
17th Edition
ISBN: 9781119598565
Author: Kieso
Publisher: WILEY
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Chapter 15, Problem 7Q
To determine

Par value: Maximum or fixed value of every stock or share is termed par value. Par value decides the maturity value of the stock owned by the shareholders.

To record: To record the cash received over and above the stated common stock value.

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INTERMEDIATE ACCOUNTING (LL)-W/ACCESS

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