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Which of the following would be included in the entry to record the issuance of 7,000 shares of $4 par value common stock at $27
Which of the following would be included in the entry to record the issuance of 7,000 shares of $4 par value common stock at $27 per share?
Common stock would be debited for $28,000
Common stock would be credited for $189,000
Paid in capital in excess of par-common would be credited for $161,000
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