Question: Multiple Choice Question 82 If Splish Brothers Inc. issues 5000 shares of $10 par value common stock for $460000, the account O Paid-in Capital in

Multiple Choice Question 82 If Splish Brothers Inc. issues 5000 shares

Multiple Choice Question 82 If Splish Brothers Inc. issues 5000 shares of $10 par value common stock for $460000, the account O Paid-in Capital in Excess of Par Value will be credited for $50000. O Cash will be debited for $410000. Paid-in Capital in Excess of Par Value will be credited for $410000. Common Stock will be credited for $460000

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