Answer:
The correct answer to this is $51,750
The Nebraska inc. entry to journalize the stock issuance would include a credit to common stock for $51,750
Nebraska inc. issues 3,450 shares of common stock for $110,400. the stock has a stated value of $15 per share.
To find out the stock issuance credit multiply the number of shares by the amount per share
Working
Shares issued = 3450
Amount per share = $15
3450 × 15 = 51,750
$51,750 was credited from the common stock of $110,400.
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