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The entry to record the issuance of 12,500 common shares at $2.50 per share includes a Select one: o a. credit to Contributed Surplus for

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The entry to record the issuance of 12,500 common shares at $2.50 per share includes a Select one: o a. credit to Contributed Surplus for $31,250 b.credit to Retained Earnings for $31,250 o c. credit to Common Shares for $31,250 d. debit to Retained Earnings for $31,250 Following is the shareholders' equity section of the balance sheet of the Everslim Company Share capital: Preferred shares, 420,000 shares authorized, 4,000 shares of $1.50 preferred issued $400,000 Common shares 100.000 shares authorized MacBook Pro

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