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Which of the following is included in the entry to record the issuance of 5,000 shares of $8 par value common stock at $14 per
Which of the following is included in the entry to record the issuance of 5,000 shares of $8 par value common stock at $14 per share cash?
A. Common Stock is credited for $70,000
B. Paid-In Capital in Excess of Par-Common is debited for $30,000
C. Cash is debited for $70,000
D. Common Stock is debited for $40,000
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