If Norben Company Issues 4,000 Shares of $5 Par Value

question 276

Multiple Choice

If Norben Company issues 4,000 shares of $5 par value common stock for $140,000, the account

• A) Common Stock will be credited for $140,000.
• B) Paid-in Capital in Excess of Par Value will be credited for $20,000.
• C) Paid-in Capital in Excess of Par Value will be credited for $120,000.
• D) Cash will be debited for $120,000.

---

Definitions:

Theory of Planned Behavior

A psychological theory that predicts an individual's intention to engage in a behavior at a specific time and place.

Unique Factor

A distinct element or characteristic that differentiates one object, situation, or individual from others.

Subjective Norms

Beliefs about whether important people approve or disapprove of a certain behavior, which can influence an individual's intention to engage in that behavior.

Transtheoretical Model

A theory of behavioral change that assesses an individual's readiness to act on a new healthier behavior, through stages like precontemplation, contemplation, preparation, action, and maintenance.