River, Inc. issued 6,000 shares of $2 par value common stock…

River, Inc. issued 6,000 shares of $2 par value common stock for $13 per share. The journal entry to record this transaction is a. Cash     $78,000           Common Stock      $12,000            Paid-in-Capital       $66,000 b. Cash      $78,000             Common Stock        $12,000             Retained Earnings   $66,000 c.  Cash      $12,000             Common Stock      $12,000 d.   Cash     $78,000                Common Stock     $78,000

In May 2025, BIGLOTS Enterprises sold merchandise to their c…

In May 2025, BIGLOTS Enterprises sold merchandise to their customers in cash for $799,000. A sales tax of 6.5% was also collected from the customer, remittable to the State of Florida’s Department of Revenue. BIGLOTS’ journal entry to record May’s sales would include?