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If Dakota Company issues 3,300 shares of $8 par common stock for $49,500, Oa. Cash will be debited for $26,400. Ob. Common Stock will be
If Dakota Company issues 3,300 shares of $8 par common stock for $49,500, Oa. Cash will be debited for $26,400. Ob. Common Stock will be credited for $49,500. Oc. Paid-in Capital in excess of Par Value will be credited for $23,100. Od. Paid-in Capital in excess of Par Value will be credited for $26,400
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