When a corporation sells some of its own common shares, all on credit, there should be a debit to

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When a corporation sells some of its own common shares, all on credit, there should be a debit to

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

Edition: 5^th

Authors: Beechy, Conrod, Farrell

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