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Received $45,000 cash from Alex Xu as an additional investment in exchange for common stock. Which of the following is the journal entry the company

Received $45,000 cash from Alex Xu as an additional investment in exchange for common stock. Which of the following is the journal entry the company should record? a. Cash b. Common Stock Common Stock d. Sales Revenue C. Cash Dividends Common Stock Cash 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000

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Received $45,000 cash from Alex Xu as an additional investment in exchange for common stock. Which of the foliowing is the joumal entry the company should record? a. Cash Common Stock b. Common Stock Sales Revenue c. Cash Dividends d. Common Stock cash 45,000 45,000 45,000 45,000 45,000 45,000 45,000 45,000

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