A company issues 1 million shares of common stock with a par value of $0.06 for $15.40 a share. The entry to record this transaction includes a debit to Cash for Multiple Choice $15.400,000 and a credit to Common Stock for $15.400,000 $15,400,000, a credit to Common Stock for $60,000, and a credit to Additional Paid-in Capital for $15,340,000. $60,000, a debit to Capital Receivable for $15,340,000, a credit to Common Stock for $60,000, and a credit to Additional Paid-in Capital for $15,340,000. $60,000 and a credit to Common Stock for $60,000