The entry to record selling 400 shares of $28 stated value common stock for $44 per share would include:
A) debiting Common Stock for $17,600.
B) crediting Cash for $17,600.
C) crediting Paid-in Capital in Excess of Stated Value for $6,400.
D) debiting Paid-in Capital in Excess of Stated Value for $6,400.
Correct Answer:
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