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I am Lyosha [343]
2 years ago
15

The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organiz

ing the corporation includes a credit to:________. a. Goodwill b. Organizational Expenses c. Cash d. Common Stock
Business
1 answer:
LenKa [72]2 years ago
3 0

Answer: D. Common stock

Explanation:

Common stock refers to the security which represents ownership in a corporation.

The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organizing a corporation includes a credit to the common stock.

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