What account should be debited when stock issuance costs are associated with the initial issuance of stock at incorporation?
A)Organization Expense
B)Additional Paid-in Capital
C)Organization Costs
D)Unrealized Capital

Question

Quizplus · Accepted Answer

Organization Expense is debited when stock issuance costs are associated with the initial issuance of stock at incorporation.

What Account Should Be Debited When Stock Issuance Costs Are