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If Dakota Company issues 1,400 shares of $6 par common stock for $25,200, O a. Common Stock will be credited for $25,200. Ob. Paid-In Capital

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If Dakota Company issues 1,400 shares of $6 par common stock for $25,200, O a. Common Stock will be credited for $25,200. Ob. Paid-In Capital in Excess of Par will be credited for $8,400. O c. Cash will be debited for $8,400. Od. Paid-In Capital in Excess of Par will be credited for 516,800

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