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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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6 years ago
The journal entry for the receipt of a cash payment on common stock subscriptions would include:
A) debiting Cash; crediting Common Stock Subscribed.
B) debiting Common Stock; crediting Subscriptions ReceivableCommon Stock.
C) debiting Cash; crediting Subscriptions ReceivableCommon Stock.
D) debiting Subscriptions ReceivableCommon Stock; crediting Common Stock.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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6 years ago
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upton Author
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You make an excellent tutor!
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this is exactly what I needed
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