The issue of $5 par value common stock for $18 per share results in an $18 credit to the common stock account for each share issued.

Name: The issue of $5 par value common stock for $18 per share results in an $18 credit to the common stock account for each share issued.
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Issuing $5 par value common stock for $18 per share results in a $5 credit to the common stock account and the remainder ($13) to additional paid-in capital for each share issued.

The Issue of $5 Par Value Common Stock for $18