I know you are LOL.........
When considering <span>customer satisfaction, the relationship between consumers expectations and the product's perceived performance is important.</span><span />
Answer:
C. Paid-in Capital in Excess of Par-Common for $35,000.
Explanation:
The journal entry include
The common stock
= Number of shares × par value of share
= 7,000 shares × $5
= $35,000
Since the attorney services billed at $70,000 out of which the common stock value is $35,000 so the remaining balance $35,000 ($70,000 - $35,000) would be transferred to the Paid-in Capital in Excess of Par-Common