Business, 21.12.2020 17:50 elainestorm9633

Apple Inc. issued 4 million shares of no-par common stock for $4 million. What journal entry is prepared? A) debit Cash $4 million and credit Paid-in Capital in Excess of Par $4 million
B) debit Cash $4 million and credit Retained Earnings $4 million
C) debit Cash $4 million and credit Paid-in Capital in Excess of Stated Value $4 million
D) debit Cash $4 million and credit Common Stock $4 million

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Apple Inc. issued 4 million shares of no-par common stock for $4 million. What journal entry is prep...

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