If a corporation issues shares of $1 par value common stock for , the journal entry would include a credit to:

The question is incomplete. The complete question is,

If a corporation issues 10,000 shares of $1 par value common stock for $9000, the journal entry would include a credit to:

A) Common Stock for $9000.

B) Paid-in Capital in Excess of Par—Common for $9000.

C) Common Stock for $10,000.

D) Retained Earnings for $10,000

The common stock is credited for $10000. Thus option C is the correct answer

Explanation:

The journal entry to record the issuance of shares below par value will be,

Cash                                                                    9000 Dr

Paid in Cap in excess of par-Common stock   1000 Dr

              Common stock                                             10000 Cr

Thus, the common stock is credited for the complete amount of $10000.

The cash received is $9000 and there is a shortage of $1000 which is adjusted by debited the paid in capital in excess of par account.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; i believe the answer is 40,600,000;