5, Chapters 10 and 11 Test 5, Chapters 10 and 11 Question 19 (of 25) On January 2, 2016, forres Corporation issued 12,000 shares of $10 par-value common stock for $12 per share.Which of the following statements is true? O Total equity will increase by $120,000 O The Cash account will increase by $120000. O The Paid-in Capital in Excess of Par Value account will increase by $24,000 O The Common Stock account will increase by $144,000