Which of the Following Would Be Included in the Entry

question 109

Multiple Choice

Which of the following would be included in the entry to record the issuance of 5,000 shares of $10 par value common stock at $13 per share cash?

• A)Cash would be debited for $65,000.
• B)Common Stock would be debited for $50,000.
• C)Common Stock would be credited for $65,000.
• D)Paid-In Capital in Excess of Par-Common would be debited for $15,000.

---

Definitions:

Buyer-Seller

The relationship and interaction between the purchaser and provider of goods or services, crucial for transaction negotiations and customer satisfaction.

Computer-Mediated

Communication or transactions facilitated by computer systems, including the internet and other digital platforms.

Choiceboard

An interactive, digitally enabled system that allows individual customers to design their own products and services by answering a few questions and choosing from a menu of product or service attributes (or components), prices, and delivery options.

Mars, Inc.

A global manufacturer of confectionery, pet food, and other food products, known for brands like M&M's, Snickers, and Pedigree.