Question

The entry to record MidIowa.net’s selling 800 shares of $6.00 par value common stock at $8.00 would be which of the following?
A. Debit Cash $6,400; credit Common Stock $4,800; credit Paid-In Capital in Excess of Par Value—Common $1,600

B. Debit Cash $4,800; credit Common Stock $4,800

C. Debit Cash $6,400; debit Paid-In Capital in Excess of Par Value—Common $1,600; credit Common Stock $8,000

D. None of the above

Answer 1

@Tlynn514 @TorilovesVampires

Answer 2

or @PrincessHush

Answer 3

lol

Answer 4

maybe A

Answer 5

yehpp its A

Answer 6

or C

Answer 7

im thinking A

Answer 8

who else is?

Answer 9

hurry hurry

Answer 10

The answer to your question is A