When issuing shares,the initial investment is credited to Retained Earnings.

Name: When issuing shares,the initial investment is credited to Retained Earnings.
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Quizplus · Accepted Answer

When issuing shares, the initial investment is credited to either Common Stock or Preferred Stock accounts, not Retained Earnings. Retained Earnings is the accumulated profits or losses of the company after dividends are paid and is typically not affected by the issuance of new shares.

When Issuing Shares,the Initial Investment Is Credited to Retained Earnings