Question 15 Not yet answered Marked out of 1.00 Flag question Time left 1:04:48 Man merged with San Corporation in a business combination in which San issued 30,000 shares of its $5 par (current fair value $20 a share) common stock to stockholders of Man in exchange for all their outstanding common stock. The journal entry for the merger includes: a. Debit to investment in common stock of Man company $ 300,000. O b. Debit to investment in common stock of Man company $450,000. c. Debit to investment in common stock of Man company $ 150,000. O d. Debit to investment in common stock of Man company $ 600,000. Previous page Next page