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A company issues 1 million shares of common stock with a par value of $0.20 for $16.80 a share. The entry to record this transaction

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A company issues 1 million shares of common stock with a par value of $0.20 for $16.80 a share. The entry to record this transaction includes a debit to Cash for: Multiple Choice $16,800,000 and a credit to Common Stock for $16,800,000 0 $200,000, a debit to Capital Receivable for $16,600,000, a credit to Common Stock for $200,000, and a credit to Additional Pold-in Capital for $16,600,000 $16,800,000, a credit to Common Stock for $200,000, and a credit to Additional Paid-in Capital for $16,600,000 ) $200,000 and a credit to Common Stock for $200,000

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