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Title: Monarch Company reported Subscriptions Receivable-Common Stock of $1,500 and Common Stock Subscribed ... Post by: majestico on Jun 6, 2017 Monarch Company reported Subscriptions Receivable-Common Stock of $1,500 and Common Stock Subscribed of $3,200 on its balance sheet. All the following are true except:
A) Monarch previously issued $1,700 of the subscribed stock. B) the original stock subscribed totaled $3,200. C) the remaining amount to be collected from subscribers before the shares will be issued is $1,500. D) the amount previously collected on the stock subscriptions is $1,700. Title: Re: Monarch Company reported Subscriptions Receivable-Common Stock of $1,500 and Common Stock ... Post by: Augustis on Jun 6, 2017 Content hidden
Title: Re: Monarch Company reported Subscriptions Receivable-Common Stock of $1,500 and Common Stock ... Post by: nerislugo on Oct 20, 2018 Answer is A.
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