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Good Work, Inc., issues 280,000 shares of no-par common stock for $20 per share. The journal entry is which of the following? O A. Cash
Good Work, Inc., issues 280,000 shares of no-par common stock for $20 per share. The journal entry is which of the following? O A. Cash 5,600,000 Common Stock 560,000 Paid-In Capital in Excess of Par 5,040,000 0 B. Cash 280,000 Common Stock 280,000 O C. Cash 5,600,000 Common Stock 5,600,000 OD. Cash 5,600,000 Common Stock 280,000 Gain on the Sale of Stock 5,320,000
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