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Suppose House and Garden Furniture issued 350,000 shares of $0.10 par common stock at $2 per share. Which journal entry correctly records the issuance of

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Suppose House and Garden Furniture issued 350,000 shares of $0.10 par common stock at $2 per share. Which journal entry correctly records the issuance of this stock? . Debit Credit 700,000 Date Accounts and Explanation Common Stock-$0.10 Par Value Cash Paid-in Capital in Excess of Par.Common Date Accounts and Explanation Common Stock-50 10 Par Value Cash 35,000 665,000 @B Debit Credit 700.000 700,000 Dobit Credit 700,000 Date Accounts and explanation Cash Common Stock ...$0.10 Par Value Paid in Capital in Excess of ParCommon Date Accounts and Explanation Cash Common Stock $0.10 Par Value 35,000 665,000 Credit Debit 700.000 700,000

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