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Author Question: The entry to record selling 800 shares of stated value $37 common stock for $59 per share would be: (Read 136 times)

joesmith1212

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on: Feb 18, 2020
The entry to record selling 800 shares of stated value $37 common stock for $59 per share would be:
◦ debit Cash $29,600; debit Paid-in Capital in Excess of Stated Value–$17,600; credit Common Stock $47,200.
◦ debit Cash $47,200; credit Common Stock $47,200.
◦ debit Cash $47,200; credit Common Stock $29,600; credit Paid-in Capital in Excess of Stated Value–$17,600.
◦ debit Cash $29,600; credit Common Stock $29,600.
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
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Marked as best answer by joesmith1212 on Feb 18, 2020

juwms

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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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joesmith1212

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Reply 2 on: Feb 18, 2020
Great answer, keep it coming :)

Bigfoot1984

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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