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What amount is credited to capital stock upon issuance

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Reference no: EM132601184

Question 1: If cherry lyn balagtas(not an incorporator subscribed to 100 shares of common stock at 105 pays only 5000 at what amount will be charged to premium on capital stock?

Question 2: If cherry lyn balagtas makes full payment of her subscription balance, at what amount is credited to Capital Stock upon issuance of certificate?

Reference no: EM132601184

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