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South Beach Apparel issued 14,000 shares of $5 par value stock for $25 per share. What is true about the journal entry t
Posted: Sun Jun 05, 2022 7:07 pm
by answerhappygod
- South Beach Apparel Issued 14 000 Shares Of 5 Par Value Stock For 25 Per Share What Is True About The Journal Entry T 1 (16.07 KiB) Viewed 36 times
South Beach Apparel issued 14,000 shares of $5 par value stock for $25 per share. What is true about the journal entry to record the issuance? Multiple Choice Credit Additional Paid-in Capital $280,000 Credit Common Stock $350,000 Debit Common Stock $70,000 Credit Additional Paid-in Capital $70,000