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If Vaughn Manufacturing issues 4000 shares of $5 par value common stock for $181500, the account Common Stock will be credited for $161500. Paid-in Capital

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If Vaughn Manufacturing issues 4000 shares of $5 par value common stock for $181500, the account Common Stock will be credited for $161500. Paid-in Capital in Excess of Par Value will be credited for $201500. Paid-in Capital in Excess of Par Value will be credited for $181500. Cash will be debited for $181500

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