Business
Business, 28.11.2019 20:31, gajdmaciej9502

When a company issued 25,000 shares of $1 par value common stock for $10 per share, the journal entry for this issuance would
a. a credit to additional paid-in capital for $225,000.
b. a debit to cash for $25,000.
c. a credit to common stock for $250,000.
d. a debit to additional paid-in capital for $25,000.

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Answers: 3

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When a company issued 25,000 shares of $1 par value common stock for $10 per share, the journal entr...

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