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What amount credited to paid-in capital in excess of par is

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Reference no: EM132950826

Problem 1: PeaRock Corporation issues 3,000 shares of $45 par common stock for $50 per share. The amount credited to paid-in capital in excess of par is

Option 1: $15,000
Option 2: $150,000
Option 3: $135,000
Option 4: None are correct

Reference no: EM132950826

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