A corporation sold 16,000 shares of its $10 par value common stock at a cash price of $11 per share. The entry to record
Posted: Sun Jun 05, 2022 7:32 pm
A corporation sold 16,000 shares of its $10 par value common stock at a cash price of $11 per share. The entry to record this transaction would include: A credit to Common Stock for $16,000 A credit to Common Stock for $160,000 A credit to Common Stock for $160,000 OA credit to Common Stock for $176,000