What Account Is Credited When a Corporation Issues Stock at an Amount

question 16

Multiple Choice

What account is credited when a corporation issues stock at an amount over the stock's par value?

• A)Gain on sale of stock
• B)Loss on sale of stock
• C)Additional paid- in capital
• D)Retained earnings

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Definitions:

Speaking Rate

The speed at which a person talks, often measured in words per minute, which can affect the clarity and effectiveness of verbal communication.

Team Presentation

A presentation given by a group of people working together towards a common objective.

Winging

Relying on spontaneous or improvisational skills in a situation, usually without thorough preparation or a formal plan.

Fade Out

A gradual decrease in visibility or importance over time, often used in media and broadcasting.