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QUESTION 15 2 point On May 1, Samson Company issued 100,000 shares of $2 par value common stock for $5 per share. The journal entry
QUESTION 15 2 point On May 1, Samson Company issued 100,000 shares of $2 par value common stock for $5 per share. The journal entry to record this transaction is: a. Cash 200,000 Common stock 200,000 O b. Cash 500,000 Common stock 200,000 Paid in capital in excess of par value 300,000 O Cash Common stock 500,000 500,000 d. Common stock 200,000 Paid in capital in excess of par value 300,000 Cash 500,000
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