Proceeds of company shares of sold stock is recorded in___________?

804Active Users

804Active Users

329FinanceMedium

APreceded stock account

BPreferred stock account

CCommon stock account

DDue stock account

Correct answer

C. Common stock account

Explanation

Common stock account is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

Proceeds of company shares of sold stock is recorded in___________? - Answer and Explanation | Academy of Pakistan