Multiple Choice
Scott, Inc. sold $65,000 of stock. How would this transaction be entered in the journal?
A) Cash 65,000 Capital Stock 65,000
Sold stock for cash.
B) Cash 65,000 Capital Stock 65,000
Sold stock for cash
C) Capital Stock 65,000 Cash 65,000
Sold stock for cash .
D) Capital Stock 65,000 Cash 65,000
Sold stock for cash.
Correct Answer:
Verified
Correct Answer:
Verified
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