Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.
Sagot :
Danielle's journal entry to record this transaction would include a:credit to common stock.
What is Journal entry?
Journal entry is simply the book of original entry.
Assuming the company received the amount of $2,000,000 from investors and issued them shares of its stock the appropriate journal entry to record this transaction would include a credit to common stock,
Journal entry
Debit Cash $2,000,000
Credit Common stock $2,000,000
Inconclusion Danielle's journal entry to record this transaction would include a:credit to common stock.
Learn more about journal entry here:https://brainly.com/question/14279491
Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.