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Question 6 If Bramble Corp. issues 11000 shares of $5 par value common stock for $205000, the account O Cash will be debited for $150000.

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Question 6 If Bramble Corp. issues 11000 shares of $5 par value common stock for $205000, the account O Cash will be debited for $150000. O Common Stock will be credited for $55000. O Paid-in Capital in Excess of Par Value will be credited for $55000. O Paid-in Capital in Excess of Par Value will be credited for $205000

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