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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.
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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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