The Journal Entry to Record the Final Installment from a Common

question 53

Multiple Choice

The journal entry to record the final installment from a common stock subscription is:

• A) a debit Cash and a credit to Paid in Capital in Excess of Par Value-Common Stock.
• B) a debit to Subscriptions Receivable-Common Stock and a credit to Cash.
• C) a debit to Cash and a credit to Subscriptions Receivable-Common Stock.
• D) a debit to Common Stock Subscribed and a credit to Cash.

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Definitions:

High Blood Pressure

A medical condition where the force of the blood against the artery walls is consistently too high, leading to potential health risks such as heart disease.

Diabetes

A metabolic disease characterized by high blood sugar levels over a prolonged period, due to either insulin production's inadequacy or the body's cells not responding properly to insulin.

Bottle Feeding

Providing nourishment to infants through containers often used as an alternative to breastfeeding.

Breast Feeding

The process of feeding a baby with milk directly from the breast, providing essential nutrients and antibodies.