Kerwin packaging would report


Kerwin Packaging Corporation began business in 2010 by issuing 30,000 shares of $5 par common stock for $8 per share and 10,000 shares of 6%, $10 par preferred stock for par. At year end, the common stock had a market value of $10. On its December 31, 2010 balance sheet, Kerwin Packaging would report.

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Accounting Basics: Kerwin packaging would report
Reference No:- TGS082365

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