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  3. a company issues 1 million shares of common stock

A company issues 1 million shares of common stock with a par value of $0.15...

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Accounting

A company issues 1 million shares of common stock with a par value of $0.15 for $16.30 a share. The entry to record this transaction includes a debit to Cash for: Multiple Choice O $16,300,000 and a credit to Common Stock for $16,300,000. $150,000, a debit to Capital Receivable for $16,150,000, a credit to Common Stock for $150,000, and a credit to Additional Paid-in Capital for $16,150,000. $16,300,000, a credit to Common Stock for $150,000, and a credit to Additional Paid-in Capital for $16,150,000. $150,000 and a credit to Common Stock for $150,000.
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A company issues 1 million shares of common stock with a. par value of 5015 for 51630 a share. The entry to record this transaction inciudet a debic to Cash for: Muliple Cnaice $16,300,000 and a credit to Common 5 tock for $16,300.000 5150,000 , a debit to Capital Aocelvabie for $16,150,000, erodit to Common Stock for \$t50,000, and a credit to Add wonal Paid in Capital for 515,150,000 \$16,300,000, a credit to Common Stock for $150,000, and a credit to Additional Paid in Copital for 516,150,000 $150,000 and a credit to Common Stock for $150,000

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