Question
Nebraska Inc. issues 4,100 shares of common stock for $131,200. The stock has a stated value of $14 per share. The journal entry for the
Nebraska Inc. issues 4,100 shares of common stock for $131,200. The stock has a stated value of $14 per share. The journal entry for the stock issuance would include a credit to Common Stock for
a.$73,800
b.$131,200
c.$57,400
d.$4,100
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Accounting Information Systems And Internal Control
Authors: Eddy Vaassen, Roger Meuwissen, Caren Schelleman
2nd Edition
0470753951, 9780470753958
