4. The Paid-in Capital in Excess of Par ledger account of a debtor corporation undergoing bankruptcy reorganization

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4. The Paid-in Capital in Excess of Par ledger account of a debtor corporation undergoing bankruptcy reorganization typically is debited or credited for:

a. Costs of bankruptcy proceedings.

b. Gain from discharge of indebtedness in bankruptcy.

c. Retained earnings deficit.

d. All the foregoing items.

e. None of the foregoing items.

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