When common stock has a par value of $2 and a market value of $15:

1.) the liability of the stockholders is $13 per share

2.) there will be additional paid-in capital of $13 per share

3.) common stock will be credited for $15 per share

4.) the paid-in capital will equal the $2 per share

(PLEASE PICK ONE ANSWER)

correct

The correct answer is 4.) the paid-in capital will equal the $2 per share.

To understand why this answer is correct, let's break down the given information:

1.) The liability of the stockholders is not relevant to this scenario. Common stock represents ownership in a company, and stockholders are not liable for more than their initial investment.

2.) Additional paid-in capital refers to the amount received from investors above the par value of a stock. In this case, the market value of $15 exceeds the par value of $2, indicating additional paid-in capital. However, the question does not provide information about the actual amount of additional paid-in capital.

3.) While the market value of the stock is $15, the common stock is typically recorded at its par value, which in this case is $2. The market value does not affect the accounting entry for common stock.

4.) The paid-in capital will indeed equal the par value of the stock, which is $2 per share. This is because the excess amount received from investors (if any) is recorded as additional paid-in capital, as mentioned earlier.

Therefore, the correct answer is 4.) the paid-in capital will equal the $2 per share.