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Abdullo Co issues 4,000 shares of $90 par value preferred stock for cash at $100 per share. Choose the right Journal entry related to the

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Abdullo Co issues 4,000 shares of $90 par value preferred stock for cash at $100 per share. Choose the right Journal entry related to the starice of the preferred stock Multiple Choice Cash $400.000 de preferred stock 5.400,000 credit preferred stock $460.000) pincho $40.000 $500.000 cash $500.000 detit pretened stock 660.000 (credit, pedincio $40.000 0 cash $100.000 de efted stock $300.000 (credo pada 40.000

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