25. When a corporation issues common stock for cash for more than its par value,...
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Accounting
25. When a corporation issues common stock for cash for more than its par value, how does the transaction affect the accounts?
Group of answer choices
A.Common Stock increases; Cash increases
B. Common Stock increases; Additional Paid-in Capital decreases; Cash decreases
C.Common Stock increases; Retained Earnings increases; Cash increases
D. Common Stock increases; Additional Paid-in Capital increases; Cash increases
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