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Alma Corp. issues 810 shares of $6 par common stock at $18 per share. When the transaction is journalized, credits are made to a.Common Stock,
Alma Corp. issues 810 shares of $6 par common stock at $18 per share. When the transaction is journalized, credits are made to
a.Common Stock, $4,860 and Retained Earnings, $9,720.
b.Common Stock, $14,580.
c.Common Stock, $4,860 and Paid-In Capital in Excess of ParCommon Stock, $9,720.
d.Common Stock, $9,720 and Paid-In Capital in Excess of Stated Value, $4,860.
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