Question
Harlan Corp. received $100,000 from investors for issuing them shares of its stock. Harlan Corp.'s journal entry to record this transaction would include: (a) a
Harlan Corp. received $100,000 from investors for issuing them shares of its stock. Harlan Corp.'s journal entry to record this transaction would include:
(a) a debit to investments;
(b) a credit to retained earnings;
(c) a credit to common stock;
(d) a credit to revenue; or
(e) a debit to unearned revenue.
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Accounting And Financial System Reform In A Transition Economy A Case Study Of Russia
Authors: Robert W. McGee, Galina G. Preobragenskaya
4th Edition
0387238476, 9780387238470
