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Which journal entry reflects the following transaction?: BOC sold 10,000 shares of $1 par value stock to investors for $5 per share. Dr. Common Stock
Which journal entry reflects the following transaction?:
BOC sold 10,000 shares of $1 par value stock to investors for $5 per share.
Dr. Common Stock 10,000
Dr. Additional Paid-in Capital 40,000
Cr. Cash 50,000
Dr. Cash 50,000
Cr. Common Stock 50,000
Dr. Cash 10,000
Cr. Common Stock 10,000
Dr. Cash 50,000
Cr. Common Stock 40,000
Cr. Additional Paid-in Capital 10,000
Dr. Cash 50,000
Cr. Common Stock 10,000
Cr. Additional Paid-in Capital 40,000
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