When a company issue 27,000 shares of $5 per value common stock, the journal entry for this issuance would include:
Multiply choice
1. A debit to cash for $135,000
2.A debit to additional paid-in capital for$135,000
3.A credit to additional pain-in for$1,215,000
4.A credit to common stock for $1,350.000

1. A debit to cash for $135,000

Explanation:

The complete entries are

1. A debit to cash for $135,000

2. A credit to common stock account for $135,000

there's 11 people for the 1st position. then, no matter who gets it, there's only 10 left for the second, and then 9 left for the third. 11 x 10 x 9 = 990.   the answer is there are 990 different ways the positions can be filled by these applicants

answer; be sure that the information on file is correct;