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08-12-2020
Business

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A company issued 190 shares of $100 par value common stock for \$22.600 cosh The total amount of in capital excess of paris

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Samawati Samawati

09-12-2020

Answer:

$3,600

Explanation:

The excess amount is the difference between the amount received and the value of the stocks.

The amount received = $22,600

the value of the stocks

= $100 x 190

=$19,000

The excess amount = $22,600 - $19,000

= $3,600

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