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If Dakota Company issues 3,000 shares of $8 par common stock for $51,000, a. Cash will be debited for $24,000. b. Paid-In Capital in Excess
If Dakota Company issues 3,000 shares of $8 par common stock for $51,000, a. Cash will be debited for $24,000. b. Paid-In Capital in Excess of Par will be credited for $27,000. c. Paid-In Capital in Excess of Par will be credited for $24,000. d. Common Stock will be credited for $51,000
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Financial Accounting Tools For Business Decision Making
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
8th Edition
1119316022, 978-1119316022
