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Business, 22.11.2019 04:31 mwest200316

On january 2, 2014, the hoover corporation issued 43,000 shares of $10 stated-value common stock for $29.50 per share. which of the following statements is true? the paid-in capital in excess of stated value account will increase by $838,500. the cash account will increase by $860,000. the common stock account will increase by $1,268,500. the stock payable account will increase by $1,268,500.

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On january 2, 2014, the hoover corporation issued 43,000 shares of $10 stated-value common stock for...
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