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A company issues 1 million shares of common stock with a par value of $0.19 for $1670 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 $0.19 for $1670 a share. The entry to record this transaction includes a debit to Cash for Multiple Choice $190,000 and a credit to Common Stock for $190,000 $16.700,000 and a credit to Common Stock for $16.700.000 $16,700,000, a credit to Common Stock for $190,000, and a credit to Additional Paid in Capital for $16.510,000 $190,000, a debit to Capital Receivable for $16,510,000, a credit to Common Stock for $190.000, and a credit to Additional Paid-in Capital for $16,510,000

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