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The company is authorized to sell 100,000 shares. The entry to record the issuance of...

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Accounting

The company is authorized to sell 100,000 shares. The entry to record the issuance of 16,000 shares of $5 par value common stock at $12 per share would include a credit to Additional Paid-in Capital of what amount? If the amount should be a debit, enter 0

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