37a.

37b.

A company issues 1 million shares of common stock with a par value of $0.11 for $15.90 a share. The entry to record this transaction includes a debit to Cash for $110,000 and a credit to Common Stock for $110.000 $15.900.000, a credit to Common Stock for $110.000, and a credit to Additional Paid-in Capital for $15,790,000 $15.900.000 and a credit to Common Stock for $15,900.00o. $15,900,000 and a credit to Common Stock for $15,900,000. $110,000, a debit to Capital Receivable for $15.790.000, a credit to Common Stock for $110.000, and a credit to Additional Paid-in Capital for $15,790,000