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1 point Jolin and Smith formed consulte company and contributed $100.000 towards common stock of the company. The following journal entry was recorded Cail Account

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1 point Jolin and Smith formed consulte company and contributed $100.000 towards common stock of the company. The following journal entry was recorded Cail Account Dr Common Stock Account C $100,000 $100.000 The following Ledger accosts are prepared out this journal estry Cuh Account To Come Stok 100 000 Como Stock Acco Cathcot 100.000 Debat acent secondes on the debitis of the le c ted t o be the credit de orde leder True O False

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