Business, 11.02.2021 19:00 shikiaanthony

A corporation sold 14,000 shares of its $10 par value common stock at a cash price of $13 per share. The entry to record this transaction would include: A credit to Paid-in Capital in Excess of Par Value, Common Stock for $42,000. A debit to Cash for $140,000. A credit to Common Stock for $182,000. A credit to Cash for $182,000.

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A corporation sold 14,000 shares of its $10 par value common stock at a cash price of $13 per share....

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