Solved

Ranger Pool Company Received Cash of $40,000 and Issued Common

Question 10

Multiple Choice

Ranger Pool Company received cash of $40,000 and issued common stock. Which of the following accounts will be credited?


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions