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If Concord Corporation issues 6500 shares of $10 par value common stock for $365000, the account A. Paid-in Capital in Excess of Par Value will
If Concord Corporation issues 6500 shares of $10 par value common stock for $365000, the account
A. Paid-in Capital in Excess of Par Value will be credited for $65000
B. Paid-in Capital in Excess of Par Value will be credited for $365000
C. Cash will be debited for $300000
D. Common Stock will be credited for $65000.
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