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QUESTION 44 A company wues 1 million shares of common stock with a par value of $0.10 for 515.80 a share. The entry to record
QUESTION 44 A company wues 1 million shares of common stock with a par value of $0.10 for 515.80 a share. The entry to record this transaction includes: a debit to cash for $100.000 and a credit to Common Stock for 5100,000 a debit to cash for $100.000, a debit to Capital Receivable for $15.700.000. a credit to common stock for 100.000, and a credit to Additional Paldin Capital for 515.700.000 a debit to cash for $15.800.000 and a credit to Common Stock for $15.800.000 a debit to cash for $15.800,000. a credit to Common Stock for 100.000, and a credit to Additional Paid-in Capital for 515.700.000 some other combination of accounts
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