The Entry to Record the Issuance of Common Stock at a Price

question 171

Multiple Choice

The entry to record the issuance of common stock at a price above par includes a debit to

• A) Organizational Expenses
• B) Common Stock
• C) Cash
• D) Paid-In Capital in Excess of Par-Common Stock

---

Definitions:

Anxious

Experiencing worry, unease, or nervousness, often about an imminent event or something with an uncertain outcome.

Fearful

Experiencing fear, a primary emotional response to perceived threats or danger.

Cluster C

Anxious or fearful personality disorders; “worried” or “sad.”

Diagnosed

The process of identifying a disease or disorder based on a systematic evaluation of physical signs, symptoms, history, and often diagnostic tests.