Business, 01.10.2019 04:00 ymklay1566

Danley corporation began business by issuing 200,000 shares of $5 par value common stock for $24 per share. during its first year, the corporation sustained a net loss of $40,000. the year-end balance sheet would showa. common stock of $1,000,000.b. common stock of $4,800,000.c. total paid-in capital of $4,760,000.d. total paid-in capital of $3,800,000.

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Danley corporation began business by issuing 200,000 shares of $5 par value common stock for $24 per...