d. $16,667 9. If Vickers Company issues 4,000 shares of $5 par value common stock for...

Question

Question

Answer 1

Answer #1

Option (C)

Common stock = 4000× 5 = 20,000

Excess of par value amount will be credited to paid in capital

= $140,000- $ 20,000 = $ 120,000

Answer 2

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