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Alma Corp. issues 1,000 shares of $10 par value common stock at $16 per share. When the transaction is recorded, credits are made to: Common
Alma Corp. issues 1,000 shares of $10 par value common stock at $16 per share. When the transaction is recorded, credits are made to: Common stock $10,000 and Paid-in-Capital in Excess of Stated Value $6,000.Common stock $10,000 and Paid-in-Capital in Excess of Par Value $6,000.Common stock $6,000.Common Stock $10,000 and Retained Earnings $6,000
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