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If Dakota Company issues 2,600 shares of $8 par common stock for $57,200, O O O O a. Cash will be debited for $20,800.

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If Dakota Company issues 2,600 shares of $8 par common stock for $57,200, O O O O a. Cash will be debited for $20,800. b. Common Stock will be credited for $57,200. c. Paid-in Capital in excess of Par Value will be credited for $36,400. d. Paid-in Capital in excess of Par Value will be credited for $20,800.

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