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.

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Definitions:

Famines

Extreme scarcities of food in a geographic area, leading to significant suffering, malnutrition, and mortality.

Fertility Rate

The average number of children born to a woman over her lifetime.

CIA Data

refers to information and statistics collected and published by the Central Intelligence Agency, often related to geographical, political, or economic aspects of countries worldwide.

Countries

Geographically and politically defined regions that function as distinct territorial entities with their own governments and laws.