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What is the journal entry to record the transaction

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Reference no: EM132494293

Question 1: At the beginning of the year, Salina Company issued 10,000 shares of no par common stock for$109 each. The journal entry to record this transaction would include a

Select one

Option a Debit to cash of 545000

Option b debit to common stock of $1090000

Option c credit to common stock of 1090000

Option d credit to cash of $1090000

Option e none

Reference no: EM132494293

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