Alanae Inc issues 500 common shares to the organizers of its corporation to pay for...
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Accounting
Alanae Inc issues 500 common shares to the organizers of its corporation to pay for their services valued at $5,000. What is included in the journat entry to record this transaction? a. A debit to an asset account b. A credit to an expense account c. A credit to a liability account d. A credit to an equity account
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