Business, 26.09.2019 22:30 Kuwillalean38

Dawson company issued 600 shares of no-par common stock for $5,400. which of the following journal entries would be made if the stock has stated value of $2 per share? a. cash 5,400common stock 5,400b. cash 5,400common stock 1,200paid-in capital in excess of par 4,200c. cash 5,400common stock 1,200paid-in capital in excess of stated value 4,200d. common stock 5,400cash 5,400

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Dawson company issued 600 shares of no-par common stock for $5,400. which of the following journal e...