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Baroud Company Issued capital stock in exchange for $67,000 cash. This transaction would be recorded by: a. Account title Debit Credit Retained earnings 67,000 Cash
Baroud Company Issued capital stock in exchange for $67,000 cash. This transaction would be recorded by:
a. Account title Debit Credit
Retained earnings 67,000
Cash 67,000
b. Account title Debit Credit
Cash 67,000
Stockholder's equity 67,000
c. Account title Debit Credit
Cash 67,000
Capital Stock 67,000
d. Account title Debit Credit
Capital Stock 67,000
Cash 67,000
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