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If Vickers Company issues 4,000 shares of $10 par value common stock for $140,000, Common Stock will be credited for $140,000. Paid-In Capital in Excess

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If Vickers Company issues 4,000 shares of $10 par value common stock for $140,000, Common Stock will be credited for $140,000. Paid-In Capital in Excess of Par will be credited for $100,000. Paid-In Capital in Excess of Par will be credited for $120,000. Cash will be debited for $120,000

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