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ABC, Inc. issued 2000 shares of $10 Par vaulue common stock for $15 per share. Which of the following is correct? Common stock would be

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ABC, Inc. issued 2000 shares of $10 Par vaulue common stock for $15 per share. Which of the following is correct? Common stock would be credited for $30,000 Additional Paid In Capital would be $10,000 Common stock would be debited for $20,000 Cash would be increased by $20.000

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