A new company issues 2.000 shares of $5 par common stock in exchange for the services of a lawyer during its first month of business. The lawyer's normal fee is $15,000 for similar work. Which of the following would be the impact on the accounting equation if the stock is not currently trading? Select one A A decrease to Common Stock for $10,000 B. An increase to Common Stock for $15,000 C A decrease to Additional Paid in Capital Common Stock of $5,000 D. An increase to Additional Paid-in Capital Common Stock of $5.000 How to report the Discount on Bonds Payable account on the balance sheet? Select one A asset B expense C. long-term liability D. contra long-term ability Which one is the correct entry for bonds issuance? . Select one A increase in liabilities and a decrease in stockholders' equity B. Increase in abilities and an increase in stockholders' equity C increase in assets and an increase in liabiles D. increase in assets and an increase in stockholders' equity