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If Sheffield Company issues 10400 shares of $5 par value common stock for $ 304000, O Paid-In Capital in Excess of Par will be credited

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If Sheffield Company issues 10400 shares of $5 par value common stock for $ 304000, O Paid-In Capital in Excess of Par will be credited for $252000. O Common Stock will be credited for $ 304000. O Cash will be debited for $ 252000. O Paid-In Capital in Excess of Par will be credited for $ 52000

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