Author Question: Paid-in capital in excess of par represents a firm's book value received from the original sale of ... (Read 229 times)

jparksx

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Paid-in capital in excess of par represents a firm's book value received from the original sale of common stock.
 
  Indicate whether the statement is true or false

Question 2

The common stock entry in balance sheet is the par value of common stock.
 
  Indicate whether the statement is true or false



mohan

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Answer to Question 1

FALSE

Answer to Question 2

TRUE



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