Question: View Policies Current Attempt in Progress If Pharoah Company issues 4000 shares of $5 par value common stock for $187000, the acco Common Stock will

View Policies Current Attempt in Progress If Pharoah Company issues 4000

View Policies Current Attempt in Progress If Pharoah Company issues 4000 shares of $5 par value common stock for $187000, the acco Common Stock will be credited for $167000. Paid-in Capital in Excess of Par Value will be credited for $187000. Cash will be debited for $187000. Paid-in Capital in Excess of Par Value will be credited for $207000

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