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.

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get our expert's

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this and thousands of other questions.

A community for students.

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.

Finance
See more answers at brainly.com
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get this expert

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this and thousands of other questions

do u know how to do this???!?!?!1
im thinking C

Not the answer you are looking for?

Search for more explanations.

Ask your own question

Other answers:

or just A
Paid-in Capital in Excess of Par-Common for $1,600; Common Stock for $9,200
what i said?
if i get it rite too...medal me pleez
Okay
i said C too lol

Not the answer you are looking for?

Search for more explanations.

Ask your own question