John's Metalworks Incorporated recently issued 10,000 shares of stock in exchange for $100,000. Metalworks' journal entry to record this transaction included:
A. A debit to Capital Stock for $10,000.
B. A debit to Cash for $100,000.
C. A credit to Capital Stock for $10,000.
D. A credit to Cash for $100,000.
B
Business
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