24 A company issues 20,000 shares of S5 par common stock at $6.00 per share. The entry to record the issuance of these shares would be: (a) Cash 120,000 Common Stock 120,000 100,000 20,000 100,000 (b) Cash Common Stock Contributed Capital in Excess of Par Value (c) Cash 120,000 Common Stock Gain on Sale of Stock 20,000 (d) Cash 120,000 100,000 Common Stock Retained Earnings 20,000 Which of the following would never be a contra equity account? (a) (b) (c) (d) 25. Treasury Stock. Unrealized Loss on Available For Sale Securities. Subscriptions Receivable. Paid In Capital From Treasury Stock