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If a firm issues 10,000 shares of $5 par value common stock for $160,000, the account Select one: Common Stock will be credited for $50,000.

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If a firm issues 10,000 shares of $5 par value common stock for $160,000, the account Select one: Common Stock will be credited for $50,000. b. Paid-in Capital in Excess of Par Value (Premium on Stock) will be credited for $50,000. O c. Paid-in Capital in Excess of Par Value (Premium on Stock) will be credited for $210,000. d. Cash will be credited for $160,000

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