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On January 2, Year 1, Torres Corporation issued 27,000 shares of $20 par-value common stock for $23 per share. Which of the following statements is

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On January 2, Year 1, Torres Corporation issued 27,000 shares of $20 par-value common stock for $23 per share. Which of the following statements is true? Multiple Choice The cash account will increase by $540,000 The paid-in copital in excess of par value account will incresse by $81,000 The common stock account will Increose by $621.000 Tote eauity wil increose by $540.000

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