If Pratt Company issues 5000 shares of $5 par value common stock for $210000
A) Common Stock will be increased for $185000.
B) Paid-in Capital in Excess of Par Value will be increased for $210000.
C) Paid-in Capital in Excess of Par Value will be increased for $235000.
D) Cash will be increased for $210000.
Correct Answer:
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