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Matthew Martin,the Sole Stockholder of Innovation Consulting,started the Business by Investing

Question 122

Multiple Choice

Matthew Martin,the sole stockholder of Innovation Consulting,started the business by investing $40,000 cash in exchange for common stock.Identify the general journal entry below that Innovation Consulting will make to record the transaction.


A) Matthew Martin,the sole stockholder of Innovation Consulting,started the business by investing $40,000 cash in exchange for common stock.Identify the general journal entry below that Innovation Consulting will make to record the transaction. A)    B)    C)    D)    E)
B) Matthew Martin,the sole stockholder of Innovation Consulting,started the business by investing $40,000 cash in exchange for common stock.Identify the general journal entry below that Innovation Consulting will make to record the transaction. A)    B)    C)    D)    E)
C) Matthew Martin,the sole stockholder of Innovation Consulting,started the business by investing $40,000 cash in exchange for common stock.Identify the general journal entry below that Innovation Consulting will make to record the transaction. A)    B)    C)    D)    E)
D) Matthew Martin,the sole stockholder of Innovation Consulting,started the business by investing $40,000 cash in exchange for common stock.Identify the general journal entry below that Innovation Consulting will make to record the transaction. A)    B)    C)    D)    E)
E) Matthew Martin,the sole stockholder of Innovation Consulting,started the business by investing $40,000 cash in exchange for common stock.Identify the general journal entry below that Innovation Consulting will make to record the transaction. A)    B)    C)    D)    E)

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