If Sandhill Cars issues 4900 shares of $5 par value common stock for ...

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Accounting

If Sandhill Cars issues 4900 shares of

$5

par value common stock for

$205800

,\ Paid-in Capital in Excess of Par Value will be increased for

$230300

.\ Paid-in Capital in Excess of Par Value will be increased for

$205800

.\ Cash will be increased for

$205800

.\ Common Stock will be increased for

$181300

.

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If Sandhill Cars issues 4900 shares of $5 par value common stock for $205800, Paid-in Capital in Excess of Par Value will be increased for $230300. Paid-in Capital in Excess of Par Value will be increased for $205800. Cash will be increased for $205800. Common Stock will be increased for $181300

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