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If Concord Corporation issues 4500 shares of $10 par value common stock for $353000, the account O Paid-in Capital in Excess of Par Value will
If Concord Corporation issues 4500 shares of $10 par value common stock for $353000, the account O Paid-in Capital in Excess of Par Value will be credited for $353000. O Cash will be debited for $353000. Common Stock will be credited for $308000. O Paid-in Capital in Excess of Par Value will be credited for $398000
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