When linda corporation was formed on january 1 2015 the


When Linda Corporation was formed on January 1, 2015. the corporate charter provided for 50,000 shares of $10 par value common stock. On January 15, 2015, the company issued 10,000 shares of common stock at a price of $15 per share. 

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Financial Accounting: When linda corporation was formed on january 1 2015 the
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