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    Financial and Managerial Accounting
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    Exam 2: Recording Business Transactions
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    Wilson Furniture Company Received Cash of $40,000 and Issued Common
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Wilson Furniture Company Received Cash of $40,000 and Issued Common

Question 165

Question 165

Multiple Choice

Wilson Furniture Company received cash of $40,000 and issued common stock. Which of the following accounts will be debited?


A) Accounts Receivable
B) Cash
C) Common Stock
D) Accounts Payable

Correct Answer:

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