| → | $7,000. |
 | $1,000. |
| $6,000. | |
| $600. | |
| $100. |
Wednesday, March 13, 2013
Accounting Midterm Exam ACG-2011: Question 60
A company issued 60 shares of $100 par value stock for $7,000 cash. The total amount of paid-in capital is:
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