A constitution is a primary source of law

The entry to record the issuance of common stock at a price above its par value includes:

A. A credit to Cash. B. A credit to a liability account for the difference between the price paid by the stockholders and the par value of the stock. C. A credit to Additional Paid-in Capital: Common Stock. D. A debit to Common Stock.

Replies to requests for credit information are complicated

Indicate whether the statement is true or false