Answer:
d. The amount received in excess of par value becomes part of paid-in capital.
Explanation:
When the corporation issue the capital stock which is higher than the par value it would be credited to Additional paid in capital in excess of par account
The journal entry is shown below for better understanding
Cash A/c Dr XXXXX
To Capital Stock XXXXX
To Additional Paid-in Capital in excess of par - Capital Stock XXXXX
(Being the issuance of capital stock is recorded and the remaining balance is credited to the additional paid-in capital account)
While issuing the stock, we debited the cash account and credited the common stock and additional paid-in capital account
“Bell shaped” and the mean, median, and mode are all equal and are located in the center of distribution.
Each check should be identified by its ABA number.
ABA stands for American Bankers Association. ABA number is located at the upper-right hand corner of each check. It is the small fraction printed in said location.
Part of the ABA number is also included in the MICR code on the lower left side of the front of each check.
Answer:
C. options.
Explanation:
Exchange traded funds are mutual funds traded on equity in which the exchanges are based on an index. This aim to reflect the performance of its base index to the investors.
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