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majestico majestico
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7 years ago
Washington Corporation issued 5,000 shares of its $20 par value common stock for $23 per share. The entry to record the issuance would include a:
A) debit to Paid-in Capital in Excess of Par Value-Common for $15,000.
B) credit to Common Stock for $100,000.
C) credit to Cash for $115,000.
D) credit to Common Stock for $15,000.
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College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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