What amount will finks paid-in capital, Accounting Basics

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What amount will finks paid-in capital

Montgomery & Co., a well established law firm, provided 520 hours of its time to Fink Corporation in exchange for 1,000 shares of Fink's $5 par common stock. Montgomery's usual billing rate is $700 per hour, and Fink's stock has a book value of $260 per share. By what amount will Fink's Paid-in capital - excess of par increase for this transaction?

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Accounting Basics: What amount will finks paid-in capital

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Accounting Basics: What amount will finks paid-in capital

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Recent Questions Asked Accounting Basics

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Accounting Basics: What amount will finks paid-in capital

Reference No:- TGS0673926

Recent Questions Asked Accounting Basics

Q : Which sentence is correct

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Q : How much did one borrow if cash flows annually

Q : What amount will finks paid-in capital

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