|
Title: The entry to record S&C, Inc. selling 1,000 shares of $12 par common stock for $20 per share ... Post by: bravata on Feb 21, 2017 The entry to record S&C, Inc. selling 1,000 shares of $12 par common stock for $20 per share would be to:
A) debit Cash $20,000; credit Common Stock $20,000. B) debit Cash $20,000; credit Common Stock $12,000; credit Paid-In Capital in Excess of Par-Common Stock $8,000. C) debit Cash $12,000; credit Common Stock $12,000. D) debit Cash $12,000; debit Paid-In Capital in Excess of Par–Common $8,000; credit Common Stock $20,000. Title: Re: The entry to record S&C, Inc. selling 1,000 shares of $12 par common stock for $20 per share ... Post by: largerthanlife on Feb 21, 2017 Content hidden
|