Tonka trucking has 150000 common shares outstanding with a


Tonka Trucking has 150,000 common shares outstanding with a $0.01 par value and $20 current market value. Treasury stock is reported at $25,000 with an average cost of $5 per share. What is the total dollar amount in ‘Common Stock'?

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Accounting Basics: Tonka trucking has 150000 common shares outstanding with a
Reference No:- TGS01127531

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