Question
10,000 shares of $2 par common stock is issued for $5 each. Which of the following is in the entry? A) Debit to Common Stock
10,000 shares of $2 par common stock is issued for $5 each. Which of the following is in the entry?
A) Debit to Common Stock for $20,000
B) Credit to Common Stock for $20,000
C) Credit to Common Stock for $50,000
D) Debit to Paid in Capital in Excess of Par for $30,000
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The ASQ Certified Quality Auditor Handbook
Authors: Lance B Coleman
5th Edition
1951058097, 978-1951058098
