Question
If a corporation issues 2,000 shares of$5 par value common stock for $94,000 , the journal entry would include a creditto: and show your work
If a corporation issues 2,000 shares of$5 par value common stock for $94,000, the journal entry would include a creditto: and show your work
A.
Paidin Capital in Excess of ParCommon for $84,000.
B.
Common Stock for $84,000.
C.
Paidin Capital in Excess of ParCommon for $94,000.
D.
Common Stock for $94,000.
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
2nd edition
134730372, 134730370, 978-0134730370
