Suppose House and Garden Furniture issued 25,000 shares of ts $5 par common stock at...
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Accounting
Suppose House and Garden Furniture issued 25,000 shares of ts $5 par common stock at S6 perihare. Which journal entry corectly records the issuance of his stock? Cash 50,000 Common stock 150,000 Common stock 50,000 Cash 150,000 Oc. Cash 150,000 125,000 25,000 Common stock Paid-in capital in excess of par-common OD. Common stock 150,000 125,000 25,000 Cash Paid-in capital in excess of par-common
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