Business, 26.02.2020 03:57 ellamai10123
Matthew Martin, the sole stockholder of Innovation Consulting, started the business by investing $40,000 cash in exchange for common stock. Identify the general journal entry below that Innovation Consulting will make to record the transaction.
Cash 40,000 Credit
Common Stock 40,000 Debit
Cash 40,000 Debit
Common Stock 40,000 Credit
Answers: 1
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