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If Dakota Company issues 1,900 shares of $7 par common stock for $32,300, Oa. Cash will be debited for $13,300. Ob. Paid-In Capital in Excess

If Dakota Company issues 1,900 shares of $7 par common stock for $32,300, Oa. Cash will be debited for $13,300. Ob. Paid-In Capital in Excess of Par will be credited for $13,300. Oc. Common Stock will be credited for $32,300. Od. Paid-In Capital in Excess of Par will be credited for $19,000

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