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1 Taxes Corp. issues 1200 shares of $10 par value common stock at $15 per share. When the transaction is recorded, credits are made to

1 Taxes Corp. issues 1200 shares of $10 par value common stock at $15 per share. When the transaction is recorded, credits are made to a. Common Stock $12000 and Paid-in Capital in Excess of Stated Value $6000. b. Common Stock $12000 and Retained Earnings $6000. c. Common Stock $12000 and Paid-in Capital in Excess of Par $6000. d. Common Stock $18000

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