A company sells 10,000 shares of previously authorized stock at the par value of $10 per share
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A company sells 10,000 shares of previously authorized stock at the par value of $10 per share. What's the correct entry to record the transaction?Debit cash $10,000, credit capital stock $10,000Debit capital stock $100,000, credit cash $100,000Debit cash $100,000, credit ...
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