Question 24 1 pts The Brooke Corporation issues 10,000 shares of $50 par preferred stock for cash at $75 per share. The entry to record the transaction will consist of a debit to Cash for $750,000 and a credit or credits to Paid-In Capital from Preferred Stock for $750,000 Preferred Stock for $750,000 Preferred Stock for $500,000 and Paid-In Capital in Excess of ParPreferred Stock for $250,000 Preferred Stock for $500,000 and Retained Earnings for $250,000 Question 25 1 pts An acceleration in the collection of receivables will tend to cause the accounts receivable turnover to decrease either increase or decrease increase remain the same