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Which type of stock results in more total paid-in capital

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Reference no: EM132712954

Question - Cates Corp. issued 8,000 shares of no-par common stock for $10 per share.

1. Record issuance of the stock if the stock:

a. is true no-par stock.

b. has stated value of $2 per share.

2. Which type of stock results in more total paid-in capital?

Reference no: EM132712954

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