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If Dakota Company issues 1,800 shares of $8 par common stock for $37,800, a.Common Stock will be credited for $37,800. b.Paid-in Capital in excess of
If Dakota Company issues 1,800 shares of $8 par common stock for $37,800, a.Common Stock will be credited for $37,800. b.Paid-in Capital in excess of Par Value will be credited for $14,400. c.Cash will be debited for $14,400. d.Paid-in Capital in excess of Par Value will be credited for $23,400.
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