Hello, I need help with the following question(s): Ecam 4 ? ? ??Secure l https:/
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Hello, I need help with the following question(s):
Ecam 4 ? ? ??Secure l https://newconnect.mheducation.com/flow/connect.html Mail-jyarbrough001501 XYG chegg Study | GuidedSc × vMInbox (1)-J.yarb 1 021 @9 ? ? Exam 4 Saved Help Save & Exit Submit MC Qu. 124 A company issued... A company issued 250 shares of $100 par value common stock for 329,800 cash. The total amount of paid-in capital in excess of par is pcinis Multiple Choice 01:50:55 100 $2.500 $4800 $25,000 Mc Graw Pre5 of 21Next O Type here to search 4 40 PM 7/26/2018Explanation / Answer
C. $4,800
The total amount of paid-in capital in excess of par is:
= $29,800 - (250 * $100)
= $4,800
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