20 3.33pts On January 2, Year 1, Samsung Corporation issued 26,000 shares of $20 par-value...
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Accounting
20 3.33pts On January 2, Year 1, Samsung Corporation issued 26,000 shares of $20 par-value common stock for $24 per share. Which of the following statements is true? Total stockholders' equity will increase by $520,000. The cash account will increase by $520,000. The paid-in capital in excess of par value account will increase by $104,000. The common stock account will increase by $624,000
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