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Homework answers / question archive / Rush Limbaugh Company recently issued 400 shares of $1
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
