Question: Current Attempt in Progress If Crane Company issues 4 1 0 0 shares of $ 5 par value common stock for $ 1 4 3

Current Attempt in Progress If Crane Company issues 4100 shares of

Current Attempt in Progress
If Crane Company issues 4100 shares of $5 par value common stock for $143500, the account
Common Stock will be credited for $143500.
Cash will be debited for $123000.
Paid-in Capital in Excess of Par will be credited for $123000.
Paid-in Capital in Excess of Par will be credited for $20500.
$5 par value common stock for $143500, the account Common Stock will

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