When cash is received from a stockholder in exchange for common stock, the transaction is...
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Accounting
When cash is received from a stockholder in exchange for common stock, the transaction is recorded by debiting Cash and crediting an: Multiple Choice Asset account. Equity account. Revenue account. Expense account. Liability account. 
When cash is received from a stockholder in exchange for common stock, the transaction is recorded by debiting Cash and crediting an:
Multiple Choice
Asset account.
Equity account.
Revenue account.
Expense account.
Liability account.
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