Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


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

Accounting

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
 

Option 1

Low Cost Option
Download this past answer in few clicks

2.95 USD

PURCHASE SOLUTION

Already member?


Option 2

Custom new solution created by our subject matter experts

GET A QUOTE