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Author Question: The entry to record Shaman, Inc. selling 1,200 shares of $5 par common stock at $9 per share would be to: (Read 479 times)

jace

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on: Feb 18, 2020
The entry to record Shaman, Inc. selling 1,200 shares of $5 par common stock at $9 per share would be to:
◦ debit Cash $10,800; credit Common Stock $10,800.
◦ debit Cash $10,800; debit Paid-In Capital in Excess of Par–Common $4,800; credit Common Stock $15,600.
◦ debit Cash $10,800; credit Common Stock $6,000; credit Paid-In Capital in Excess of Par–Common Stock $4,800.
◦ debit Cash $6,000; credit Common Stock $6,000.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by jace on Feb 18, 2020

jonathanballen97

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Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Xenvi

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Reply #2 on: May 12, 2020
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Danh Nguyen

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Reply #3 on: Oct 29, 2020
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