Question
If a corporation issues 6000 shares of $5 par value common stock for $91,000, the journal entry would include a credit to: A. Common Stock
If a corporation issues 6000 shares of $5 par value common stock for $91,000, the journal entry would include a credit to:
A. Common Stock for $91,000.
B. Common Stock for $61,000.
C. Paidminusin Capital in Excess of Parlong dashCommon for $91,000.
D. Paidminusin Capital in Excess of Parlong dashCommon for $61,000.
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Accounting In Emerging Economies
Authors: Mathew Tsamenyi
1st Edition
1849506256, 9781849506250
