Which of the following is included in the entry to record the issuance of 14,000 shares of $7 par value common stock at $21 per share cash?
Select one:
O Common Stock is credited for $294,000.
O Common Stock is debited for $98,000.
O Paid-In Capital in Excess of Par-Common is debited for $196,000.
O Cash is debited for $294,000.
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Home » Business » Which of the following is included in the entry to record the issuance of 14,000 shares of $7 par value common stock at $21 per share cash? Select one: O Common Stock is credited for $294,000. O Common Stock is debited for $98,000.