A firm issued 5,000 shares of $1 par-value common stock, receiving proceeds of $20 per share. The accounting entry for the paid-in capital in excess of par account is
A) $5,000.
B) $ 95,000.
C) $100,000.
D) $0.

Respuesta :

Answer:

Correct answer: B. $95,000

95,000 B
The answer