(TCO 3) Mary Parker Co. invested $15,000 in ABC Corporation and received capital stock in exchange..
Question 3. Question : (TCO 3) Mary Parker Co. invested $15,000 in ABC Corporation and received capital stock in exchange. Mary Parker Co.’s journal entry to record this transaction would include a:
debit to investments.
credit to retained earnings.
credit to capital stock.
debit to expense.
(TCO 3) Mary Parker Co. invested $15,000 in ABC Corporation and received capital stock in exchange.