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5 of 50 -/1 !!! Swifty Company issued 680 shares of no-par common stock for $6100. Which of the following journal entries would be made

5 of 50 -/1 !!! Swifty Company issued 680 shares of no-par common stock for $6100. Which of the following journal entries would be made if the stock has a stated value of $2 per share? Cash 6100 Common Stock 6100 Cash 6100 Common Stock 1360 Paid-in Capital in Excess of Stated 4740 Value Common Stock Cash Cash Common Stock 6100 6100 6100 1360 Paid-in Capital in Excess of Part 4740

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