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If Hayes Corporation sells and issues 100 shares of its $1 par value common stock at $15 per share, the entry to record the sale
If Hayes Corporation sells and issues 100 shares of its $1 par value common stock at $15 per share, the entry to record the sale will not include a
Group of answer choices
a) Debit to cash of $1,500.
b) Credit to contributed capital in excess of par of $1,400.
c) Credit to retained earnings of $1,500.
d) Credit to common stock of $100.
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