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OpenStudy (anonymous):

ABC sells 400 shares of its $23 par common stock for $27. The entry would entail credit(s) to A. Cash for $9,200. B. Paid-In Capital in Excess of Par—Common for $800 and Common Stock for $10,800. C. Paid-In Capital in Excess of Par—Common for $1,600 and Common Stock for $9,200. D. Common Stock for $10,800.

OpenStudy (anonymous):

@TorilovesVampires @Tlynn514

OpenStudy (anonymous):

do u know how to do this???!?!?!1

OpenStudy (anonymous):

im thinking C

OpenStudy (anonymous):

or just A

OpenStudy (torilovesvampires):

Paid-in Capital in Excess of Par-Common for $1,600; Common Stock for $9,200

OpenStudy (anonymous):

what i said?

OpenStudy (anonymous):

if i get it rite too...medal me pleez

OpenStudy (torilovesvampires):

Okay

OpenStudy (anonymous):

i said C too lol

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