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A corporation received $10,000 cash from an investor. How would the business record this journal entry? A. Debit cash and credit common stock for $10,000.
A corporation received $10,000 cash from an investor. How would the business record this journal entry?
A. Debit cash and credit common stock for $10,000. |
B. Debit accounts payable and credit cash for $10,000. |
C. Debit common stock and credit cash for $10,000. |
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