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20. What is the proper accounting treatment for stock issue cost incurred? A. Debit Additional Par In Capital $25,000 B. Debit Additional Paid In Capital
20. What is the proper accounting treatment for stock issue cost incurred? A. Debit Additional Par In Capital $25,000 B. Debit Additional Paid In Capital $25,000 C. Debit Stock Issue Expense $25,000 D. Credit Retained Earnings $25,000 E. Both A and B is correct Step by Step Solution
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College Accounting Chapters 1-29
Authors: John J. Wild, Vernon J. Richardson, Ken W. Shaw
2nd Edition
0077398173, 978-0077398170
