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H3Ko H3Ko
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7 years ago
Which of the following journal entries would be recorded if Christy Jones, Inc. issued stock and received $3,000?

A) Common Stock   3,000   
      Accounts Payable           3,000

B) Common Stock   3,000   
      Cash           3,000

C) Accounts Payable   3,000   
      Cash           3,000

D) Cash   3,000   
      Common Stock           3,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Mrgo-breedMrgo-breed
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7 years ago
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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