Which of the following journal entries would be recorded if

Which of the following journal entries would be recorded if Christy Jones, Inc. issued stock and received $3,000?

A)
Cash 3,000
Common Stock 3,000

B)
Accounts Payable 3,000
Cash 3,000

C)
Common Stock 3,000
Cash 3,000

D)
Common Stock 3,000
Accounts Payable 3,000

ANSWER

A

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