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J&E Corporation issues 20,000 shares of $0.50 par common stock for 6$ per share. The account for additional Paid-in Capital will increase by A) $120,000

J&E Corporation issues 20,000 shares of $0.50 par common stock for 6$ per share. The account for additional Paid-in Capital will increase by
A) $120,000
B)$10,000
C)$110,000
D)$130,000

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