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Question1 If Waterway Company issues 10300 shares of $5 par value common stock for $160200, the account Paid-in Capital in Excess of Par will be

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Question1 If Waterway Company issues 10300 shares of $5 par value common stock for $160200, the account Paid-in Capital in Excess of Par will be credited for $51500. O Paid-in Capital in Excess of Par will be credited for $160200 Common Stock will be credited for $51500 Cash will be debited for $108700

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