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If Whispering Winds Corp. issues 5500 shares of $5 par value common stock for $197500, the account Paid-in Capital in Excess of Par Value will
If Whispering Winds Corp. issues 5500 shares of $5 par value common stock for $197500, the account Paid-in Capital in Excess of Par Value will be credited for $170000. Common Stock will be credited for $197500. Paid-in Capital in Excess of Par Value will be credited for $27500. O Cash will be debited for $170000
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