# Bonita Industries recorded journal entries for the issuance of common stock for $206000, the payment of... ###### Question: Bonita Industries recorded journal entries for the issuance of common stock for$206000, the payment of $66000 on accounts payable, and the payment of salaries expense of$103500. What net effect do these entries have on stockholders’ equity?

Increase of $102500. Increase of$36500.

Increase of $140000. Increase of$206000.

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