10

A corporation sold 14,500 shares of its $10 par value common stock at a cash price of $14 per share. The entry to record this transaction would include Multiple Choice A credit to Paid in Capital in Excess of Par Value, Common Stock for $348.000 A debit to Cash for $145.000 A credit to Common Stock for $203.000 A credit to Common Stock for $145.000 A debit to Paid in Capital in Excess of Par Value, Common Stock for $203.000