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Suppose Furniture Warehouse issued 500,000 shares of so 10 par common stock at 51 por share. Which journal entry correctly records the issuance of this

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Suppose Furniture Warehouse issued 500,000 shares of so 10 par common stock at 51 por share. Which journal entry correctly records the issuance of this stock . Date Debit Credit Accounts and Explanation Common Stock 50 10 Par Value Cash 500,000 500.000 OB Date Credit Debit 500.000 Accounts and Explanation Cash Common Stock-$0.10 Pa Vale Pui in capital in Excess of Par.common Accounts and Explanation Cache Common Stock 90.10 Par V 50.000 450.000 OC. Data Dobit Credit 500.000 500.000 OD Date Debit Credit Accounts and Explanation Common Stock-50 10 Par visu 500 000 50.000 450.000 Paid in Capital in Excor Par Common

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