C O ezta.mheducation.com/hrm.tpx Apps Schit Audio, Headpr Q Francial Accounti c

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C O ezta.mheducation.com/hrm.tpx Apps Schit Audio, Headpr Q Francial Accounti c Q mbuchy141 Quzlet M Chapter Quiz How to Install Ubunt B connect. ACCOUNTING Quiz 10-Chapter 10 Question 4 (of 10) 4. If a company issues par-value stock, the amount credited to common stock will be O The total market value of all the shares issued O The difference between the market and the par value per share times the total number of shares issued O The amount the board of directors chooses to assign to the shares The par value per share times the number of shares issued DOLL Tab 8 9

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Answer

The correct answer is Option 4 - Par Value per share times the number of shares issued.

Whenever the shares are issued at par, or even when they are issued at premium (or even discount), the amount credited that will be credited to common stock will always be 'Shares issued x Par Value per share'

Any amount of value per share collected in excess of par value gets credited to a separate " Excess paid up capital over par value' account.

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