What is the journal entry for the issuance of $1,000 shares of common stock for cash? Question

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What is the journal entry for the issuance of $1,000 shares of common stock for cash? Question 10Answer a. Common stock (debit) Cash account (credit) b. Cash (debit) Common stock account (credit) c. Common stock account (debit) Accounts Receivable account (credit) d. Accounts Receivable account (debit) Common stock account (credit)

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What is the journal entry for the issuance of $1,000 shares of common stock for cash? Question

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