lilliankae1307 lilliankae1307

08-03-2024
Business

contestada

Cole Company acquired $2,000 cash from the issue of common stock. Which of the following shows the general journal entry required to recognize this event?

A) Debit Cash, credit Common Stock
B) Debit Retained Earnings, credit Common Stock
C) Debit Accounts Receivable, credit Common Stock
D) Debit Equipment, credit Common Stock

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