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mars inc. issues 5,000 shares of no par stock for $100,000. which of the following entries are required? (select all that apply.)

Sagot :

The required input is called the common stock credit, it is the correct choice for the statement "Mars Inc. issued 5,000 shares of no par value for $100,000."

Common stock

They are shares that are given to third parties on the stockholders' equity and assets of a company, in order to raise money and finance their projects, granting partial rights in decision-making and in obtaining dividends.

They are negotiable financing assets without maturity that represent a residual portion of the property of a company, a common share gives its owner rights over both the company's assets and the profits it generates, as well as to comment and vote on the decisions that are made.

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