If Kingbird, Inc issues 3500 shares of $5 par value common stock for $222500, the account O Cash will be debited for $205000 O Common Stock will be credited for $222500 Paid in Capital in Excess of Par Value will be credited for $17500 Paid in Capital in Excess of Par Value will be credited for $205000

Question

If Kingbird, Inc  issues 3500 shares of $5 par value common stock for $222500, the account O Cash will be debited for $205000  O Common Stock will be credited for $222500  Paid in Capital in Excess of Par Value will be credited for $17500  Paid in Capital in Excess of Par Value will be credited for $205000

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Question

If Kingbird, Inc. issues 3500 shares of $5 par value common stock for $222500, the account O Cash will be debited for $205000. O Common

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