• anonymous
The Logan Company issued 140 shares of its $12 par value stock for$14 per share. The entry to record the receipt of cash and issuance of the stock would include a A. debit to Cash for $1,680 and a credit to Common Stock for$1,680. B. debit to Cash for $1,960. C. credit to Common Stock for$1,960. D. debit to Discount on Common Stock for \$280.
Finance

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