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On January 2, Year 1, Torres Corporation issued 23,000 shares of S15 par-value common stock for $17 per share Which of the following statements is

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On January 2, Year 1, Torres Corporation issued 23,000 shares of S15 par-value common stock for $17 per share Which of the following statements is true? Multiple Choice The paid-in capital in excess of par value account will increase by $46,000. The common stock account will increase by $391.000 cesh account will increase by $345.000

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