If a company issues 1,000 shares of $1 par value common stock for $20 per share, which of the following accounts would be credited?
A) Treasury Stock
B) Cash
C) Additional Paid-in Capital
D) Retained Earnings
Answer: C
Accounting MCQ
Accounting
If a company issues 1,000 shares of $1 par value common stock for $20 per share, which of the following accounts would be credited?
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