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equipment recorded in the partnership journal is A) $75,000 B) $70,000 C) S60,000 D) $85,000 29) Affordable Garden Imports issued 500,000 shares of $1 par

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equipment recorded in the partnership journal is A) $75,000 B) $70,000 C) S60,000 D) $85,000 29) Affordable Garden Imports issued 500,000 shares of $1 par common stock at $5 per share. Which journal entry correctly records the issuance of this stock? 29) A) Cash 2,500,00 Common Stock Paid-In Capital in Excess of Par -Common 500,000 2,000,000 B)Common Stock Cash 2,500,000 C) Common Stock 500,00 Paid-In Capital in Excess of Par 2,000,000 -Common Cash 2,500,000 D) Cash 2,500,00p 2,500,000 Common Stock

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