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On January 29, 2020, Oil & Gas Corp. issued 12,000 shares of $4 par value common stock for $13 per share. Which of the following

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On January 29, 2020, Oil & Gas Corp. issued 12,000 shares of $4 par value common stock for $13 per share. Which of the following statements is true? 0343 The Additional Paid in Capital account will increase by $48.000 The Common Stock account will increase by $156,000 C) The Cash account will increase by $150.000 Total stockholders' equity will increase by $48.000

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