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If Dakota Company issues 3,200 shares of $10 par common stock for $67,200, Oa. Paid-In Capital in Excess of Par will be credited for $35,200.

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If Dakota Company issues 3,200 shares of $10 par common stock for $67,200, Oa. Paid-In Capital in Excess of Par will be credited for $35,200. Ob. Paid-In Capital in Excess of Par will be credited for $32,000. Oc. Cash will be debited for $32,000. Od. Common Stock will be credited for $67,200

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