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If Nash's Trading Post, LLC issues 3000 shares of $10 par value common stock for $350000, the account Paid-in Capital in Excess of Par Value
If Nash's Trading Post, LLC issues 3000 shares of $10 par value common stock for $350000, the account Paid-in Capital in Excess of Par Value will be credited for $320000. Common Stock will be credited for $350000. Cash will be debited for $320000. Paid-in Capital in Excess of Par Value will be credited for $30000
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