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Homework answers / question archive / lestron 19 yet uverod Its out of ag Hon CH15: Texas Instrument issued 300 shares of $1 par value common stock for $ 4,500
lestron 19 yet uverod Its out of ag Hon
CH15: Texas Instrument issued 300 shares of $1 par value common stock for $ 4,500. The journal entry to record the issuance of the shares is
Select one:
a. debit Cash 4,500
credit Common Stock 4,500
b. debit Cash 4,500
credit Common Stock 3,000
credit Paid-in capital in excess of par value 1,500
c. debit Cash 4,500
credit Paid-in capital in excess of par value 4,500
d. debit Cash 4,500
credit Common Stock 300
credit Paid-in capital in excess of par value $4200