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Nexis Corp. issues 1,610 shares of $9 par value common stock at $16 per share. When the transaction is journalized, credits are made to Oa.

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Nexis Corp. issues 1,610 shares of $9 par value common stock at $16 per share. When the transaction is journalized, credits are made to Oa. Common Stock. 525,760, Ob. Common Stock 511,270 and Retained Earnings, $14.490 Oc Common Stock $11,270 and Pald-in Capital in Excess of Stated Value, $14.490, Od. Common Stock, 514.90, and Paid In Capital in Excess of Par-Common Stock, 511,270

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