Issuance of Common Stock for Cash Would Be Recorded by a ________

question 114

Multiple Choice

Issuance of common stock for cash would be recorded by a ________.

• A)credit to Retained Earnings
• B)credit to Common Stock
• C)debit to Investments
• D)credit to Revenues

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Definitions:

Supportive Climate

An environment, either in the workplace or personal relationships, that fosters open, honest, and respectful communication.

Manipulative

Characterized by unscrupulous control or influence over a person or situation for one's own advantage.

Equal

Having the same rights, status, and opportunities as another or others, without discrimination or difference in treatment.

Word Picture

Short statement or story that illustrates or describes an emotion; word pictures often use a simile (a comparison using the word like or as) to clarify an image.