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Question: On january 2, 2003, the dent corporation issued 10,000 shares of $10 stated value common stock for $12 per share. Which of the following statement is true?
A) The cash account will increase by $100,000
B) The stock payable account will increase by $120,000
C) The common stock account will increase by $120,000
D) The Pain-in Excess account will increase by $20,000
Complete the tabular summary of the effects of the alternativeactions on the company's stockholders' equity, outstanding shares,and book value per share.
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