Question: The journal entry to record this transaction includes a? Inc issued 80,000 shares of stock in O A credit to Paid-In Capitial in Excess of
Inc issued 80,000 shares of stock in O A credit to Paid-In Capitial in Excess of Par- Common for $1,266,000 O B. creat to Gain on Sale of Common Stock for $1,350000 O C debit to Cash for $12,660,000 O D. creait to Common Stock-$0 05 Par Value for $1,270,000
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