If Dakota Company issues 1,500 shares of $6 par common stock for $75,000

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If Dakota Company issues 1,500 shares of $6 par common stock for $75,000 Paid-In Capital in Excess or Par will be credited for

Darshita Changed status to publish March 5, 2020
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Paid-In Capital in Excess or Par will be credited for

=75,000-(1500*6)

=75000-9000

=$66,000

Darshita Changed status to publish March 5, 2020
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