Nebraska Inc. Issued 3,000 shares of common stock for $45,000. The stock has a stated value of $10 per share. The journal entry to record the stock issuance would include a credit Common Stock for
a. $30,000
b. $3,000
c. $15,000
d. $45,000
Darshita Changed status to publish March 5, 2020
Answer: =30,000
| Description | Debit $ | Credit $ |
| Cash | 45,000 | |
| Common Stock | 30,000 | |
| PCES | 15,000 | |
Darshita Changed status to publish March 5, 2020
