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Question 12 (1 point) Paid-In Capital in Excess of Stated Value a) is.pdf

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Question 12 (1 point) Paid-In Capital in Excess of Stated Value a) is reported as part of paid-in capital on the balance sheet. b) normally has a debit balance. c) is credited when no-par stock does not have a stated value. d) represents the amount of legal capital. .2 Save Question 13 (1 point) arted 7 8 4 Solution paid up capital in excess of the stated value is recorded in common stock account and represnets the legal capital of the company.

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Question 12 (1 point) Paid-In Capital in Excess of Stated Value a) is reported as part of paid-in capital on the balance sheet. b) normally has a debit balance. c) is credited when no-par stock does not have a stated value. d) represents the amount of legal capital. .2 Save Question 13 (1 point) arted 7 8 4 Solution paid up capital in excess of the stated value is recorded in common stock account and represnets the legal capital of the company

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