Question: If a company issues 2 , 5 0 0 shares of commen stock at a market price of $ 4 8 per share, which of

If a company issues 2,500 shares of commen stock at a market price of $48 per share, which of the following is the correct balance sheet effect?
Increase cash by $1200000 and increase earned capital by $120.000
Stock issuances are not reported on the balunce theet
Increase cash by $120000 and increase contributed capital by $120,000
Increase stock revenues by $120,000
If a company issues 2 , 5 0 0 shares of commen

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