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Help will thumbs up! If Sheffield Company...

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Accounting

Help will thumbs up!
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If Sheffield Company issues 9900 shares of $5 par value common stock for $160100, the account Common Stock will be credited for $49500 Paid-in Capital in Excess of Par will be credited for $49500 Paid-in Capital in Excess of Par will be credited for $160100. Cash will be debited for $110600

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