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2 (6 points) Saved (Learning Outcom Stanley Inc. issued 1,000 shares of $10 par value common stock at $15 per share for cash. A) What
2 (6 points) Saved (Learning Outcom Stanley Inc. issued 1,000 shares of $10 par value common stock at $15 per share for cash. A) What Account/s and Amounts would you DEBIT B) What Account/s and Amounts would you CREDIT. You must answer A) and B) correctly to receive full credit for this question. 15000 cash 10000 common (credit) 5000 additional capital A
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Understanding Simple Accounting
Authors: Gustav Muhsfeldt
1st Edition
B005MAAH4W
