What is the journal entry for the issuance of $1,000 shares of common stock for cash? Question 3Answer a. Common stock (debit) Cash account (credit) b. Cash stock (debit) Common account (credit) c. Common stock account (debit) Accounts Receivable account (credit) d. Accounts Receivable account (debit) Common stock account (credit)

Answer rating: 100% (QA)

Answer is O... View the full answer