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Please answer both questions 24) Which of the following is the correct journal entry to record the issuance of 15,000 shares of common stock at
Please answer both questions
24) Which of the following is the correct journal entry to record the issuance of 15,000 shares of common stock at a par value of $10? Account Debit Credit Cash 15,000 Common Stock ...15,000 a) b) Cash Common Stock. .15,000 .15,000 c) Cash .15,000 Common Stock. ..15,000 25) Which of the following is the correct way to record the issuance of 2,500 shares of $1 par value common stock for cash at $4 per share? a) Cash Common Stock 10,000 10,000 (see next page) 1 SLUGE ADIO abc de Healne les Pure Duette Editor Cash Common Stock 10,000 10,000 (see next page) b) Cash Common Stock 10.000 2,500 Additional Paid in Capital 7.500 c) Cash Common Stock 10,000 2.500 Additional Paid in Capital 7600 100 Focus 874 word English United States) Step by Step Solution
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