• 2022-05-28
    MAKE ENTRY FOR THE FOLLOWING TRANSACTION.The company was organized and capital stocks are issued for cash, $100,000.
    A: Cash in Bank 100,000Capital Stock 100,000
    B: Capital Stock 100,000Cash 100,000
    C: Cash in Bank 50,000Capital Stock 100,000
    D: Cash in Bank 100,000Capital Stock 50,000