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If Wildhorse Company issues 6200 shares of $5 par value common stock for $217000, the...

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Accounting

If Wildhorse Company issues 6200 shares of $5 par value common stock for $217000, the account
Common Stock will be credited for $217000.
Paid-in Capital in Excess of Par will be credited for $31000.
Cash will be debited for $186000.
Paid-in Capital in Excess of Par will be credited for $186000.
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