Question: Multiple choice so 1, 2, 3, or 4 ory Bookmarks People Tab Window Help X Quiz: 120 Test 5 X Principles of Accounting I -
Multiple choice so 1, 2, 3, or 4

ory Bookmarks People Tab Window Help X Quiz: 120 Test 5 X Principles of Accounting I - 12 X Principles of Accounting I - 12: x M Inb ses/26226/quizzes/65119/take D Question 2 5 pts A company issued 900 shares of no-par common stock for $26,400. What is the journal entry? 1. Dr Cash 26,400 Cr Common Stock 26,400 2. Dr Cash 26,400 Cr Common Stock 1,800 Cr Paid-in Capital in Excess of Par 24,600 3. Dr Cash 26,400 Cr Common Stock 1,800 Cr Paid-in Capital in Excess of Stated Value 24,600 4. Dr Common Stock 26,400 Cr Cash 26,400
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