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On January 2, Year 1, Torres Corporation issued 13,000 shares of $10 par-value common stock for $13 per share. Which of the following statements is
On January 2, Year 1, Torres Corporation issued 13,000 shares of $10 par-value common stock for $13 per share. Which of the following statements is true? Mutiple Choice Total equity will increase by $130000 The comman stack account will increase by $169000 The cash account will increase by $130,000. The paid-in capital in excess of par value account wit increase by $39,000
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