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  3. a company issued 65 shares of $ 100 par value stoc

A company issued 65 shares of $ 100 par value stock for $ 8,500 cash....

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Accounting

A company issued 65 shares of $ 100 par value stock for $ 8,500 cash. The total amount of paid-in capital in excess of par is:

$ 6,500

$100

$ 2,000

$ 650

$ 8,500

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