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Home Q & A Board Other Fields Homework Help Business Accounting
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dri dri
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5 years ago
When a corporation sells some of its own common shares, all on credit, there should be a debit to
the account:
A) Subscriptions receivable, common.
B) Accounts receivable.
C) Cash.
D) Notes receivable, common.
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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vanna2014vanna2014
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5 years ago
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dri Author
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#2
5 years ago
You're an excellent tutor!
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