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Rush Limbaugh Company recently issued 400 shares of $1

Accounting

Rush Limbaugh Company recently issued 400 shares of $1.00 par value common stock for $4,000. This transaction will increase the _________.

0 Common stock account by $4,000

0 Paid in capital in excess of par account by $3,600

0 Retained earnings account by $3,600

0 Paicl in capital in excess of par account by $400

O Common stock account by $3,600

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