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Business, 17.12.2019 00:31 LilLappyLOL

Xyz corporation receives $100,000 from investors for issuing them shares of its stock. xyz's journal entry to record this transaction would include a: (a) credit to common stock. correct(b) debit to investments.(c) credit to retained earnings.(d) credit to revenue.

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Xyz corporation receives $100,000 from investors for issuing them shares of its stock. xyz's journal...
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