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Business, 12.08.2020 08:01 violetmeadow4

If Sheridan Company issues 7500 shares of $10 par value common stock for $375000, the account Paid-in Capital in Excess of Par Value will be credited for $75000. Common Stock will be credited for $75000. Cash will be debited for $300000. Paid-in Capital in Excess of Par Value will be credited for $375000.

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If Sheridan Company issues 7500 shares of $10 par value common stock for $375000, the account Paid-i...
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