A debit to cash and a credit to common stock are recorded in Klick's journal. This journal entry states that Klick : issued shares to investors.
The required details for journal in given paragraph
The journal entries pertaining to the distribution of shares are as follows:
to send money in support of an application. Sync up your application accounts. Dr. To Talk About Capital Account
The journal entry should reflect the sale of services on credit as a debit to creditors and a credit to capital. (A) Debit from cash and credit to debtors.
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