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15 NEED HELP ASAP If stock is issued for less than par value, the account Paid-In Capital in Excess of Par is credited. Paid-In Capital
15 NEED HELP ASAP
If stock is issued for less than par value, the account
Paid-In Capital in Excess of Par is credited. | ||
Paid-In Capital in Excess of Par is debited if a debit balance exists in the account. | ||
Paid-In Capital in Excess of Par is debited if a credit balance exists in the account. | ||
Retained Earnings is credited. |
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